Investing.com - Bellring reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Bellring announced earnings per share of $0.31 on revenue of $379.2M. Analysts polled by Investing.com anticipated EPS of $0.29 on revenue of $400.42M.
Bellring shares are down 13% from the beginning of the year, still down 14.68% from its 52 week high of $29.09 set on December 31, 2021.
Bellring follows other major Consumer Staples sector earnings this month
Bellring's report follows an earnings beat by Walmart on Tuesday, who reported EPS of $1.5 on revenue of $152.8B, compared to forecasts EPS of $1.32 on revenue of $147.55B.
Procter&Gamble had beat expectations on October 19 with first quarter EPS of $1.57 on revenue of $20.61B, compared to forecast for EPS of $1.55 on revenue of $20.37B.
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