Earnings Outlook For BellRing Brands
Portfolio Pulse from Benzinga Insights
BellRing Brands (NYSE:BRBR) is expected to release its quarterly earnings report on Monday, 2023-11-20, with analysts estimating an EPS of $0.39. Investors are looking for an earnings beat and positive guidance for future growth. Historically, the company's stock price has been sensitive to earnings performance and guidance. Last quarter, BRBR beat the EPS estimate by $0.02, leading to a 2.85% stock price increase the following day. Over the last year, BRBR shares have risen by 94.84%, indicating a positive trend for long-term shareholders.
November 17, 2023 | 2:00 pm
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BellRing Brands is anticipated to report quarterly earnings with an EPS estimate of $0.39. A history of earnings beats and stock price sensitivity to guidance suggests potential movement post-announcement.
Given BRBR's history of stock price increases following an earnings beat and the overall positive trend in the past year, there is a likelihood of a positive short-term impact if the company reports favorable earnings and guidance. However, the market's reaction can be unpredictable, and other factors not mentioned in the article could also influence the stock price.
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