Bellring Brands Inc reports results for the quarter ended March 31 - Earnings Summary

• Bellring Brands Inc BRBR.N reported quarterly adjusted earnings of 53 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 45 cents. The mean expectation of sixteen analysts for the quarter was for earnings of 52 cents per share. Wall Street expected results to range from 41 cents to 55 cents per share.

• Revenue rose 18.9% to $588.00 million from a year ago; analysts expected $578.37 million.

• Bellring Brands Inc's reported EPS for the quarter was 45 cents​.

• The company reported quarterly net income of $58.7 million.

• Bellring Brands Inc shares had risen by 6.0% this quarter and gained 4.8% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had risen by about 10.2% in the last three months.​

• In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the food processing peer group is also "buy"

• Wall Street's median 12-month price target for Bellring Brands Inc is $85.00

This summary was machine generated from LSEG data May 5 at 10:25 p.m. UTC. ​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)