BellRing Brands: Fiscal 4Q Earnings Snapshot
ST. LOUIS (AP) _ BellRing Brands Inc. (BRBR) on Thursday reported fiscal fourth-quarter profit of $10 million.
On a per-share basis, the St. Louis-based company said it had profit of 26 cents. Earnings, adjusted for non-recurring gains, came to 25 cents per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share.
The nutritional supplements company posted revenue of $282.6 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $262.7 million.
For the year, the company reported profit of $23.5 million, or 60 cents per share. Revenue was reported as $988.3 million.
BellRing Brands shares have fallen 6% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $20.02, a climb of 3% in the last 12 months.