Bellring Brands Inc BRBR.N reported quarterly adjusted earnings of 58 cents per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 43 cents. The mean expectation of fourteen analysts for the quarter was for earnings of 48 cents per share. Wall Street expected results to range from 42 cents to 52 cents per share.
Revenue rose 23.8% to $532.90 million from a year ago; analysts expected $525.17 million.
Bellring Brands Inc's reported EPS for the quarter was 59 cents.
The company reported quarterly net income of $76.9 million.
Bellring Brands Inc shares had risen by 2.7% this quarter.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 0.7% in the last three months.
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 12 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."
The average consensus recommendation for the food processing peer group is also "buy"
Wall Street's median 12-month price target for Bellring Brands Inc is $86.00
This summary was machine generated from LSEG data February 3 at 11:37 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING | ESTIMATE | ACTUAL | BEAT, MET, MISSED |
Dec. 31 2024 | 0.48 | 0.58 | Beat |
Sep. 30 2024 | 0.50 | 0.51 | Beat |
Jun. 30 2024 | 0.44 | 0.54 | Beat |
Mar. 31 2024 | 0.33 | 0.45 | Beat |
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