Bellring Brands Inc expected to post earnings of 20  cents a share - Earnings Preview

BellRing Brands

06/05/2023 03:09

* Bellring Brands Inc  BRBR.N   BRBR.K  is expected to show
a rise
in quarterly revenue when it reports  results on May 8. 
    * The St. Louis Missouri-based  company is expected to
report  a
18.1% increase in revenue to $372.215 million from $315.2
million a year ago, according to the mean estimate from 12
analysts, based on Refinitiv data. The company's guidance on
February 7 2023, for the period ended March 31, was for revenue
between $368.74 million and $375.09 million.
    * ​Refinitiv's mean analyst estimate for Bellring Brands Inc
is
for earnings of 20 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 16 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Bellring
Brands
Inc is $39​, above​ its last closing price of $36.56. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.28        0.27       0.33      Beat    20.6
 Sep. 30 2022  0.28        0.29       0.31      Beat    6.7
 Jun. 30 2022  0.30        0.30       0.31      Beat    3.3​
 Mar. 31 2022  0.15        0.16       0.23      Beat    47.4
 ​​Dec.        0.22        0.22       0.25      Beat    14.3
 31 2021                                                
 Sep. 30 2021  0.26        0.25       0.25      Met     -1.4​
 Jun. 30 2021  0.21        0.22       0.30      Beat    39.3
 Mar. 31 2021  0.12        0.12       0.15      Beat    26.3
 This summary was machine generated May 6 at 02:09 GMT.  All
figures in US dollars  unless otherwise stated