BellRing Brands Q3 2024 Adj. EPS $0.54 Beats $0.44 Estimate, Sales $515.400M Beat $506.786M Estimate
Portfolio Pulse from Benzinga Newsdesk
BellRing Brands (NYSE:BRBR) reported Q3 2024 adjusted EPS of $0.54, beating the $0.44 estimate by 22.73%. Sales were $515.4M, surpassing the $506.786M estimate by 1.70% and marking a 15.59% increase from the same period last year.
August 05, 2024 | 9:01 pm
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BellRing Brands reported strong Q3 2024 earnings with an adjusted EPS of $0.54, beating estimates by 22.73%. Sales also exceeded expectations, reaching $515.4M, a 15.59% increase YoY.
The strong earnings and sales performance, significantly beating analyst estimates, are likely to positively impact BRBR's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100