BELLRING BRANDS, INC. (BRBR) announced earnings for its second quarter that increased from the same period last year in line with the Street estimates.
The company's bottom line came in at $58.7 million, or $0.45 per share. This compares with $57.2 million, or $0.43 per share, last year.
Excluding items, BELLRING BRANDS, INC. reported adjusted earnings of $68.7 million or $0.53 per share for the period.
Analysts on average had expected the company to earn $0.53 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 18.9% to $588.0 million from $494.6 million last year.
BELLRING BRANDS, INC. earnings at a glance (GAAP) :
-Earnings: $58.7 Mln. vs. $57.2 Mln. last year.
-EPS: $0.45 vs. $0.43 last year.
-Revenue: $588.0 Mln vs. $494.6 Mln last year.
-Guidance:
Full year revenue guidance: $2.26 - $2.34 Bln
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