Barfresh Meals Group Inc. (BRFH) got here out with a quarterly lack of $0.06 per share versus the Zacks Consensus Estimate of a lack of $0.01. This compares to lack of $0.05 per share a 12 months in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of -500%. 1 / 4 in the past, it was anticipated that this firm would submit a lack of $0.01 per share when it truly produced a lack of $0.03, delivering a shock of -200%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates simply as soon as.
Barfresh Meals Group
The sustainability of the inventory’s speedy worth motion primarily based on the recently-released numbers and future earnings expectations will principally rely upon administration’s commentary on the earnings name.
Barfresh Meals Group shares have added about 12.9% for the reason that starting of the 12 months versus the S&P 500’s decline of -2.9%.
What’s Subsequent for Barfresh Meals Group?
Whereas Barfresh Meals Group has outperformed the market thus far this 12 months, the query that involves buyers’ minds is: what’s subsequent for the inventory?
There are not any straightforward solutions to this key query, however one dependable measure that may assist buyers deal with that is the corporate’s earnings outlook. Not solely does this embody present consensus earnings expectations for the approaching quarter(s), but in addition how these expectations have modified recently.
Empirical analysis reveals a robust correlation between near-term inventory actions and traits in earnings estimate revisions. Buyers can monitor such revisions by themselves or depend on a tried-and-tested ranking device just like the Zacks Rank, which has a powerful monitor file of harnessing the ability of earnings estimate revisions.
Forward of this earnings release, the estimate revisions pattern for Barfresh Meals Group: blended. Whereas the magnitude and path of estimate revisions may change following the corporate’s just-released earnings report, the present standing interprets right into a Zacks Rank #3 (Maintain) for the inventory. So, the shares are anticipated to carry out in keeping with the market within the close to future. You may see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
It will likely be fascinating to see how estimates for the approaching quarters and present fiscal 12 months change within the days forward. The present consensus EPS estimate is -$0.01 on $4.14 million in revenues for the approaching quarter and -$0.04 on $18.11 million in revenues for the present fiscal 12 months.
Buyers ought to be aware of the truth that the outlook for the business can have a cloth affect on the efficiency of the inventory as nicely. By way of the Zacks Trade Rank, Drinks – Tender drinks is presently within the prime 32% of the 250 plus Zacks industries. Our analysis reveals that the highest 50% of the Zacks-ranked industries outperform the underside 50% by an element of greater than 2 to 1.
PepsiCo (PEP), one other inventory in the identical business, has but to report outcomes for the quarter ended March 2025. The outcomes are anticipated to be launched on April 24.
This meals and beverage firm is predicted to submit quarterly earnings of $1.52 per share in its upcoming report, which represents a year-over-year change of -5.6%. The consensus EPS estimate for the quarter has been revised 1.3% decrease during the last 30 days to the present degree.
PepsiCo’s revenues are anticipated to be $17.8 billion, down 2.5% from the year-ago quarter.
Ought to You Put money into Barfresh Meals Group Inc. (BRFH)?
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Barfresh Food Group Inc. (BRFH) : Free Stock Analysis Report
PepsiCo, Inc. (PEP) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.
