Bellring Brands Inc expected to post earnings of 32  cents a share - Earnings Preview

BellRing Brands

05/08/2023 03:07

* Bellring Brands Inc  BRBR.N   BRBR.K  is expected to show
a rise
in quarterly revenue when it reports  results on August 7. 
    * The St. Louis Missouri-based  company is expected to
report  a
18.9% increase in revenue to $440.486 million from $370.6
million a year ago, according to the mean estimate from 11
analysts, based on Refinitiv data. The company's guidance on May
9 2023, for the period ended June 30, was for revenue between
$426.19 million and $437.31 million.
    * ​Refinitiv's mean analyst estimate for Bellring Brands Inc
is
for earnings of 32 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 15 "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 $43​, above​ its last closing price of $35.80. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.21        0.20       0.24      Beat    17.7
 Dec. 31 2023  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.        0.15        0.16       0.23      Beat    47.4
 31 2022                                                
 Dec. 31 2021  0.22        0.22       0.25      Beat    14.3​
 Sep. 30 2021  0.26        0.25       0.25      Met     -1.4
 Jun. 30 2021  0.21        0.22       0.30      Beat    39.3
 This summary was machine generated August 5 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated