BellRing Brands' (BRBR) shares fell 8% in early trading Tuesday after the company reported fiscal Q3 adjusted earnings of $0.30 per diluted share, compared with $0.55 a year earlier.

Analysts surveyed by FactSet expected $0.37.

Net sales for the quarter ended June 30 were $570.4 million, compared with $547.5 million a year earlier.

Analysts surveyed by FactSet expected $548.7 million.

For fiscal 2026, the company raised its net sales guidance to a range of $2.34 billion to $2.38 billion from $2.33 billion to $2.37 billion.

Analysts are expecting $2.34 billion.

Price: 10.23, Change: -2.72, Percent Change: -21.00