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

BellRing Brands

09/05/2023 19:08

* Bellring Brands Inc  BRBR.N  reported quarterly adjusted
earnings of 24 cents​​ per share for the quarter ended in March.
The mean expectation of sixteen analysts for the quarter was
for earnings of 20 cents per share.
    * Revenue rose 22.3% to $385.60 million from a year ago;
analysts
expected $372.21 million. 
    * Bellring Brands Inc's reported EPS for the quarter was 23
cents​.
    * The mean earnings estimate of analysts had fallen by
about 10%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Bellring Brands Inc shares had risen by 9.5% this
quarter and
gained 45.2% so far this year.
    * The company reported quarterly net income of $30.9
million.
    * Wall Street's median 12-month price target for Bellring
Brands
Inc is $39.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 16 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
9 at 06:08 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.20           0.24           Beat
 Dec. 31 2022      0.27           0.33           Beat
 Sep. 30 2022      0.29           0.31           Beat
 Jun. 30 2022      0.30           0.31           Beat