BellRing Brands (NYSE:BRBR – Get Free Report) announced its quarterly earnings results on Monday. The company reported $0.54 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.10, Briefing.com reports. The company had revenue of $515.40 million during the quarter, compared to analysts’ expectations of $504.73 million. BellRing Brands had a negative return on equity of 70.95% and a net margin of 10.39%. BellRing Brands’s revenue was up 15.6% on a year-over-year basis. During the same period in the prior year, the business posted $0.34 EPS.
BellRing Brands Price Performance
NYSE:BRBR traded up $2.09 during trading hours on Wednesday, reaching $54.82. 452,266 shares of the stock were exchanged, compared to its average volume of 1,366,103. BellRing Brands has a twelve month low of $36.14 and a twelve month high of $62.76. The firm has a 50 day moving average of $55.20 and a 200 day moving average of $56.74. The stock has a market cap of $7.15 billion, a PE ratio of 36.58, a PEG ratio of 1.50 and a beta of 0.84.
Insiders Place Their Bets
In other news, Chairman Robert V. Vitale sold 15,000 shares of the stock in a transaction that occurred on Tuesday, May 14th. The stock was sold at an average price of $60.15, for a total value of $902,250.00. Following the completion of the sale, the chairman now owns 215,054 shares of the company’s stock, valued at approximately $12,935,498.10. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.80% of the company’s stock.
Wall Street Analyst Weigh In
Check Out Our Latest Analysis on BellRing Brands
About BellRing Brands
BellRing Brands, Inc, together with its subsidiaries, provides various nutrition products in the United States. The company offers ready-to-drink (RTD) protein shakes, other RTD beverages, powders, nutrition bars, and other products primarily under the Premier Protein and Dymatize brands. It distributes its products through club, food, drug, mass, eCommerce, specialty, and convenience channels.
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