BellRing Brands, Inc. Just Recorded A 28% EPS Beat: Here's What Analysts Are Forecasting Next

BellRing Brands, Inc. (NYSE:BRBR) investors will be delighted, with the company turning in some strong numbers with its latest results. The company beat forecasts, with revenue of US$515m, some 2.0% above estimates, and statutory earnings per share (EPS) coming in at US$0.56, 28% ahead of expectations. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

See our latest analysis for BellRing Brands

Taking into account the latest results, the current consensus from BellRing Brands' 13 analysts is for revenues of US$2.21b in 2025. This would reflect a notable 15% increase on its revenue over the past 12 months. Per-share earnings are expected to bounce 26% to US$2.15. Before this earnings report, the analysts had been forecasting revenues of US$2.19b and earnings per share (EPS) of US$2.03 in 2025. So the consensus seems to have become somewhat more optimistic on BellRing Brands' earnings potential following these results.

There's been no major changes to the consensus price target of US$64.33, suggesting that the improved earnings per share outlook is not enough to have a long-term positive impact on the stock's valuation. That's not the only conclusion we can draw from this data however, as some investors also like to consider the spread in estimates when evaluating analyst price targets. There are some variant perceptions on BellRing Brands, with the most bullish analyst valuing it at US$72.00 and the most bearish at US$50.00 per share. There are definitely some different views on the stock, but the range of estimates is not wide enough as to imply that the situation is unforecastable, in our view.

Another way we can view these estimates is in the context of the bigger picture, such as how the forecasts stack up against past performance, and whether forecasts are more or less bullish relative to other companies in the industry. We would highlight that BellRing Brands' revenue growth is expected to slow, with the forecast 12% annualised growth rate until the end of 2025 being well below the historical 16% p.a. growth over the last five years. Juxtapose this against the other companies in the industry with analyst coverage, which are forecast to grow their revenues (in aggregate) 6.5% per year. Even after the forecast slowdown in growth, it seems obvious that BellRing Brands is also expected to grow faster than the wider industry.

The Bottom Line

The biggest takeaway for us is the consensus earnings per share upgrade, which suggests a clear improvement in sentiment around BellRing Brands' earnings potential next year. Fortunately, they also reconfirmed their revenue numbers, suggesting that it's tracking in line with expectations. Additionally, our data suggests that revenue is expected to grow faster than the wider industry. There was no real change to the consensus price target, suggesting that the intrinsic value of the business has not undergone any major changes with the latest estimates.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have forecasts for BellRing Brands going out to 2026, and you can see them free on our platform here.

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for BellRing Brands that you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.