Bellring Brands Inc expected to post earnings of 39 cents a share - Earnings Preview

BellRing Brands

02/02/2024 22:32

* Bellring Brands Inc  BRBR.N   BRBR.K  is expected to show
a rise
in quarterly revenue when it reports  results on February 5 for
the period ending December 31 2023
    * The St. Louis Missouri-based  company is expected to
report a
13.7% increase in revenue to $412.457 million from $362.7
million a year ago, according to the mean estimate from 15
analysts, based on LSEG data.The company's guidance on November
21 2023, for the period ended December 31, was for revenue
between $402.60 million and $409.85 million.
    * ​LSEG's mean analyst estimate for Bellring Brands Inc is
for
earnings of 39 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 14 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.2%
in the last three months. ​
    * Wall Street's median 12-month price target for Bellring
Brands
Inc is $57.50​, above​ its last closing price of $56.82. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  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. 31 2022  0.28        0.27       0.33      Beat    20.6
 ​​Sep.        0.28        0.29       0.31      Beat    6.7
 30 2022                                                
 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. 31 2021  0.22        0.22       0.25      Beat    14.3
 This summary was machine generated February 2 at 22:31 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)