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

BellRing Brands

08/08/2023 24:00

* Bellring Brands Inc  BRBR.N  reported quarterly adjusted
earnings of 34 cents​​ per share for the quarter ended in June.
The mean expectation of fifteen analysts for the quarter was
for earnings of 32 cents per share.
    * Revenue rose 20.3% to $445.90 million from a year ago;
analysts
expected $440.49 million. 
    * Bellring Brands Inc's reported EPS for the quarter was 33
cents​.
    * The mean earnings estimate of analysts had fallen by
about 7.2%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * Bellring Brands Inc shares had fallen by 2.2% this
quarter and
gained 39.6% so far this year.
    * The company reported quarterly net income of $44.3
million.
    * Wall Street's median 12-month price target for Bellring
Brands
Inc is $43.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 7 at 11:00 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.32           0.34           Beat
 Mar. 31 2023      0.20           0.24           Beat
 Dec. 31 2022      0.27           0.33           Beat
 Sep. 30 2022      0.29           0.31           Beat