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BellRing Brands Earnings: What To Look For From BRBR

StockStory - Sun May 5, 2:03AM CDT

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Nutrition products company Bellring Brands (NYSE:BRBR) will be reporting earnings tomorrow after the bell. Here's what to look for.

BellRing Brands beat analysts' revenue expectations by 5.4% last quarter, reporting revenues of $430.4 million, up 18.7% year on year. It was a very strong quarter for the company, with an impressive beat of analysts' organic revenue growth estimates and full-year revenue guidance beating analysts' expectations.

Is BellRing Brands a buy or sell going into earnings? Read our full analysis here, it's free.

This quarter, analysts are expecting BellRing Brands's revenue to grow 21.1% year on year to $466.9 million, slowing from the 22.3% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.33 per share.

BellRing Brands Total Revenue

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. BellRing Brands has missed Wall Street's revenue estimates twice over the last two years.

Looking at BellRing Brands's peers in the shelf-stable food segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Post delivered year-on-year revenue growth of 23.4%, missing analysts' expectations by 1.5%, and Kellanova reported a revenue decline of 4.2%, topping estimates by 1.3%. Post traded down 2.1% following the results while Kellanova was up 6.2%.

Read our full analysis of Post's results here and Kellanova's results here.

Investors in the shelf-stable food segment have had steady hands going into earnings, with share prices flat over the last month. BellRing Brands's stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $61.8 (compared to the current share price of $57.42).

Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we’ve identified a relatively under-the-radar profitable growth stock benefitting from the rise of AI, available to you FREE via this link.

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