Previous close | 57.42 |
Open | 57.75 |
Bid | 0.00 x 900 |
Ask | 91.00 x 900 |
Day's range | 56.87 - 58.28 |
52-week range | 34.58 - 62.76 |
Volume | |
Avg. volume | 1,153,540 |
Market cap | 7.489B |
Beta (5Y monthly) | 0.89 |
PE ratio (TTM) | 46.49 |
EPS (TTM) | 1.23 |
Earnings date | 07 May 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 61.86 |
Robust Growth and Strategic Promotions Fuel Performance
BellRing Brands (BRBR) delivered earnings and revenue surprises of 32.35% and 5.89%, respectively, for the quarter ended March 2024. Do the numbers hold clues to what lies ahead for the stock?
Nutrition products company Bellring Brands (NYSE:BRBR) reported Q1 CY2024 results beating Wall Street analysts' expectations, with revenue up 28.3% year on year to $494.6 million. The company's full-year revenue guidance of $1.96 billion at the midpoint also came in 1.9% above analysts' estimates. It made a non-GAAP profit of $0.45 per share, improving from its profit of $0.24 per share in the same quarter last year.