Bellring Brands Inc expected to post earnings of 33 cents a share - Earnings Preview

BellRing Brands

03/05/2024 23:15

* Bellring Brands Inc  BRBR.N   BRBR.K  is expected to show
a rise
in quarterly revenue when it reports  results on May 6 for the
period ending March 31 2024
    * The St. Louis Missouri-based  company is expected to
report a
21.2% increase in revenue to $467.222 million from $385.6
million a year ago, according to the mean estimate from 13
analysts, based on LSEG data.The company's guidance on February
6 2024, for the period ended March 31, was for revenue of
$462.720 million.
    * ​LSEG's mean analyst estimate for Bellring Brands Inc is
for
earnings of 33 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 13 "strong buy" or "buy," 3
"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 $62.50​, above​ its last closing price of $57.42. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.38        0.39       0.43      Beat    10.4
 Sep. 30 0001  0.39        0.39       0.41      Beat    4.5
 Jun. 30 2023  0.32        0.32       0.34      Beat    5.3​
 Mar. 31 2023  0.21        0.20       0.24      Beat    17.7
 ​​Dec.        0.28        0.27       0.33      Beat    20.6
 31 2022                                                
 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
 This summary was machine generated May 3 at 22:14 GMT.  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)