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BellRing Brands Fiscal Q2 Adjusted Earnings, Net Sales Increase; 2024 Sales Outlook Boosted; Shares Jump After Hours
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BellRing Brands Fiscal Q2 Adjusted Earnings, Net Sales Increase; 2024 Sales Outlook Boosted; Shares Jump After Hours
May 6, 2024 2:37 PM

05:19 PM EDT, 05/06/2024 (MT Newswires) -- BellRing Brands ( BRBR ) reported fiscal Q2 adjusted earnings Monday of $0.45 per diluted share, up from $0.24 per share a year earlier.

Analysts polled by Capital IQ expected $0.33.

Net sales in the quarter ended March 31 rose to $494.6 million from $385.6 million a year earlier. Analysts surveyed by Capital IQ expected $466.9 million.

The company boosted its fiscal 2024 sales guidance to $1.93 billion to $1.99 billion from $1.87 billion to $1.95 billion. The consensus is for $1.92 billion.

Shares of the company jumped 8.6% in after-hours activity.

Price: 62.10, Change: +4.92, Percent Change: +8.60

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