Bellring Brands Inc reports results for the quarter ended in December - Earnings Summary

BellRing Brands

06/02/2023 22:51

* Bellring Brands Inc  BRBR.N  reported quarterly adjusted
earnings of 33 cents​​ per share for the quarter ended in
December. The mean expectation of sixteen analysts for the
quarter was for earnings of 27 cents per share.
    * Revenue rose 18.3% to $362.70 million from a year ago;
analysts
expected $341.46 million. 
    * Bellring Brands Inc's reported EPS for the quarter was 33
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.1%
in the last three months.​ 
    * In the last 30 days three analysts negatively revised
earnings
estimates 
    * Bellring Brands Inc shares had risen by 12.3% this
quarter.
    * The company reported quarterly net income of $44.2
million.
    * Wall Street's median 12-month price target for Bellring
Brands
Inc is $32.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 14 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data February
6 at 10:51 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.27           0.33           Beat
 Sep. 30 2022      0.29           0.31           Beat
 Jun. 30 2022      0.30           0.31           Beat
 Mar. 31 2022      0.16           0.23           Beat