Beasley Broadcast Group Q2 EPS $(0.35) Vs $(0.49) Prior Year, Sales $63.46M Miss $63.65M Estimate
Portfolio Pulse from Benzinga Newsdesk
Beasley Broadcast Group (NASDAQ:BBGI) reported Q2 losses of $(0.35) per share, an improvement from $(0.49) per share last year. However, the company's quarterly sales of $63.46 million missed the analyst consensus estimate of $63.65 million by 0.30 percent, marking a 2.07 percent decrease from the same period last year.
August 04, 2023 | 12:55 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Beasley Broadcast Group's Q2 earnings show improved losses but missed sales estimates.
While Beasley Broadcast Group has managed to reduce its losses per share compared to the same period last year, the company's sales have missed analyst estimates and decreased compared to last year. This mixed result could lead to neutral short-term impact on the company's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100