Black Rifle Coffee Expects Q2 Net Revenue Of $91M; Consensus $93.77M
Portfolio Pulse from Benzinga Newsdesk
Black Rifle Coffee Company (BRCC) anticipates its Q2 net revenue to be around $91 million, which is lower than the consensus estimate of $93.77 million.
June 29, 2023 | 8:25 pm
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NEGATIVE IMPACT
BRCC's projected Q2 net revenue of $91 million is below the consensus estimate of $93.77 million.
BRCC's projected Q2 net revenue is lower than the market's expectation, which could lead to a negative sentiment among investors and potentially a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100