Core Viewpoint - BellRing Brands (BRBR) is positioned well to continue its trend of beating earnings estimates, supported by a solid history of performance in the nutritional supplements sector [1][2]. Earnings Performance - The company has consistently surpassed earnings estimates, with an average surprise of 12.70% over the last two quarters [2]. - In the most recent quarter, BellRing Brands reported earnings of $0.58 per share, exceeding the expected $0.47 per share, resulting in a surprise of 23.40% [2]. - For the previous quarter, the actual earnings were $0.51 per share against an estimate of $0.50 per share, yielding a surprise of 2% [2]. Earnings Estimates and Predictions - Estimates for BellRing Brands have been trending upward, influenced by its history of earnings surprises [5]. - The company currently has an Earnings ESP (Expected Surprise Prediction) of +2.95%, indicating a bullish outlook from analysts regarding its earnings prospects [8]. - The combination of a positive Earnings ESP and a Zacks Rank of 2 (Buy) suggests a strong likelihood of another earnings beat in the upcoming report [8]. Statistical Insights - Research indicates that stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [6]. - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [7].
Why BellRing Brands (BRBR) is Poised to Beat Earnings Estimates Again