BellRing Brands Inc (BRBR, Financial) is set to release its Q4 2024 earnings on Nov 18, 2024. The consensus estimate for Q4 2024 revenue is $536.13 million, and the earnings are expected to come in at $0.48 per share. The full year 2024's revenue is expected to be $1.99 billion and the earnings are expected to be $1.83 per share. More detailed estimate data can be found on the Forecast page.
BellRing Brands Inc (BRBR, Financial) Estimates Trends
Over the past 90 days, revenue estimates for BellRing Brands Inc (BRBR) for the full year 2024 have increased from $1.98 billion to $1.99 billion and for 2025 from $2.20 billion to $2.21 billion. Earnings estimates have also risen, moving from $1.80 per share to $1.83 per share for the full year 2024, and from $2.11 per share to $2.13 per share for 2025.
BellRing Brands Inc (BRBR, Financial) Reported History
In the previous quarter of June 30, 2024, BellRing Brands Inc's (BRBR) actual revenue was $515.40 million, which beat analysts' revenue expectations of $506.79 million by 1.7%. BellRing Brands Inc's (BRBR) actual earnings were $0.56 per share, which beat analysts' earnings expectations of $0.45 per share by 25.84%. After releasing the results, BellRing Brands Inc (BRBR) was up by 6.91% in one day.
BellRing Brands Inc (BRBR, Financial) 12 Month Price Targets
Based on the one-year price targets offered by 13 analysts, the average target price for BellRing Brands Inc (BRBR) is $70.92 with a high estimate of $84 and a low estimate of $60. The average target implies a downside of -1.62% from the current price of $72.09.
Based on GuruFocus estimates, the estimated GF Value for BellRing Brands Inc (BRBR, Financial) in one year is $33.06, suggesting a downside of -54.14% from the current price of $72.09.
Based on the consensus recommendation from 15 brokerage firms, BellRing Brands Inc's (BRBR, Financial) average brokerage recommendation is currently 1.9, indicating an "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
