01:00 PM EDT, 08/06/2024 (MT Newswires) -- (Updates with the latest stock movement in the headline and first paragraph.)

BellRing Brands' ( BRBR ) shares were up more than 10% in recent Tuesday trading, a day after the company reported fiscal Q3 adjusted earnings of $0.54 per diluted share, up from $0.34 a year earlier.

Analysts polled by Capital IQ expected $0.44.

Net sales in the quarter ended June 30 rose to $515.4 million from $445.9 million a year earlier. Analysts surveyed by Capital IQ expected $505.1 million.

The company boosted its fiscal 2024 sales guidance to $1.96 billion to $2 billion from $1.93 billion to $1.99 billion. The consensus is for $1.97 billion.

Price: 54.46, Change: +5.14, Percent Change: +10.42