FMP

FMP

Enter

BellRing Brands, Inc. (NYSE:BRBR) Quarterly Earnings Preview

-

twitterlinkedinfacebook
blog post cover photo

Image credit: Google Images

  • BellRing Brands, Inc. is expected to report an EPS of $0.50 and revenue of approximately $535.62 million for the quarter ending September 2024.
  • The company's financial health and market performance are under scrutiny, with a focus on whether it will surpass earnings expectations again.
  • Key financial ratios such as the P/E ratio of 42.45 and price-to-sales ratio of 4.87 indicate a strong market valuation.

BellRing Brands, Inc. (NYSE:BRBR) is set to release its quarterly earnings on November 18, 2024. The company, known for its nutritional products, is expected to report earnings per share (EPS) of $0.50 and revenue of approximately $535.62 million. Analysts and investors are keenly observing these figures, as they will provide insight into the company's financial health and market performance.

The anticipation surrounding BellRing's earnings report is heightened by expectations of a year-over-year increase in earnings, driven by higher revenues for the quarter ending September 2024. Investors are particularly interested in whether BellRing will exceed these expectations, as a positive earnings surprise could lead to a rise in the stock price. Conversely, failing to meet these expectations might result in a decline.

BellRing Brands has a history of surpassing earnings expectations, which adds to the optimism. The company currently holds a price-to-earnings (P/E) ratio of 42.45, indicating how much investors are willing to pay per dollar of earnings. Its price-to-sales ratio is about 4.87, reflecting the value placed on each dollar of the company's sales. These metrics suggest a strong market valuation.

The enterprise value to sales ratio of 5.27 and the enterprise value to operating cash flow ratio of 41.26 further highlight BellRing's valuation relative to its sales and cash flow from operations. The earnings yield of 2.36% represents the percentage of each dollar invested that was earned by the company, providing insight into its profitability.

BellRing's financial leverage is indicated by a debt-to-equity ratio of -3.42, while its current ratio of 2.67 suggests a solid ability to cover short-term liabilities with short-term assets. These financial metrics will be crucial in assessing the company's performance and future prospects during the upcoming earnings call.

Other Blogs

May 14, 2024 11:41 AM - Sanzhi Kobzhan

The easiest way to calculate stock’s target price and why the target price is important.

A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...

blog post title

May 24, 2024 9:30 AM - Rajnish Katharotiya

How to Access and Analyze Earnings Call Transcripts

Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...

blog post title

May 27, 2024 3:30 PM - Rajnish Katharotiya

The best 5 GPU stocks other than NVDA

In the ever-evolving world of technology, certain sectors have consistently demonstrated exceptional growth and innovation. The graphics processing units (GPUs) industry is one such sector, offering investors a golden opportunity for potentially high returns. In this blog, we'll delve into why inves...

blog post title
FMP

FMP

Financial Modeling Prep API provides real time stock price, company financial statements, major index prices, stock historical data, forex real time rate and cryptocurrencies. Financial Modeling Prep stock price API is in real time, the company reports can be found in quarter or annual format, and goes back 30 years in history.
twitterlinkedinfacebookinstagram
2017-2024 © Financial Modeling Prep