BellRing Brands (NYSE:BRBR) Announces Quarterly Earnings Results, Beats Expectations By $0.01 EPS

BellRing Brands (NYSE:BRBRGet Free Report) released its quarterly earnings data on Monday. The company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.01, Briefing.com reports. BellRing Brands had a negative return on equity of 88.30% and a net margin of 11.55%. The business had revenue of $555.80 million during the quarter, compared to analysts’ expectations of $545.00 million. During the same quarter last year, the business posted $0.41 EPS. The business’s revenue was up 17.6% on a year-over-year basis. BellRing Brands updated its FY 2025 guidance to EPS.

BellRing Brands Price Performance

BRBR stock opened at $74.38 on Thursday. The business has a 50 day simple moving average of $64.89 and a 200-day simple moving average of $59.07. The firm has a market capitalization of $9.61 billion, a PE ratio of 44.54, a price-to-earnings-growth ratio of 1.61 and a beta of 0.84. BellRing Brands has a 1 year low of $46.03 and a 1 year high of $75.44.

Analyst Upgrades and Downgrades

BRBR has been the subject of a number of analyst reports. Needham & Company LLC reaffirmed a “buy” rating and set a $66.00 price objective on shares of BellRing Brands in a research report on Tuesday, August 6th. JPMorgan Chase & Co. reduced their target price on BellRing Brands from $65.00 to $64.00 and set an “overweight” rating for the company in a report on Wednesday, August 7th. Jefferies Financial Group lifted their target price on BellRing Brands from $61.00 to $84.00 and gave the stock a “buy” rating in a report on Thursday, November 14th. Deutsche Bank Aktiengesellschaft raised their price target on BellRing Brands from $73.00 to $77.00 and gave the stock a “buy” rating in a research note on Wednesday. Finally, DA Davidson restated a “neutral” rating and issued a $75.00 price target on shares of BellRing Brands in a research note on Tuesday. Three analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $73.93.

Check Out Our Latest Analysis on BellRing Brands

BellRing Brands Company Profile

(Get Free Report)

BellRing Brands, Inc, together with its subsidiaries, provides various nutrition products in the United States. The company offers ready-to-drink (RTD) protein shakes, other RTD beverages, powders, nutrition bars, and other products primarily under the Premier Protein and Dymatize brands. It distributes its products through club, food, drug, mass, eCommerce, specialty, and convenience channels.

Further Reading

Earnings History for BellRing Brands (NYSE:BRBR)

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