BellRing Brands Inc. (POST) Tops Q4 EPS by 33c
BellRing Brands Inc. (NYSE: POST) reported Q4 EPS of $1.39, $0.33 better than the analyst estimate of $1.06. Revenue for the quarter came in at $1.44 billion versus the consensus estimate of $1.42 billion.
Outlook
Post management expects fiscal year 2020 Adjusted EBITDA, including 100% contribution from BellRing and excluding any contribution from 8th Avenue and the acquisition of TreeHouse Foods’ private label RTE cereal business, to range between $1.22-$1.27 billion, with modest favorability to the second half of fiscal 2020.
Post management expect Post’s fiscal year 2020 capital expenditures to range between $240-$260 million, including approximately $4 million attributable to BellRing.
For earnings history and earnings-related data on BellRing Brands Inc. (POST) click here.
