Brilliant Earth Group Q2 EPS $0.04 Beats $0.03 Estimate, Sales $110.18M Miss $111.33M Estimate
Portfolio Pulse from Benzinga Newsdesk
Brilliant Earth Group (NASDAQ:BRLT) reported Q2 earnings of $0.04 per share, beating the analyst consensus estimate of $0.03 by 33.33%. However, this is a 33.33% decrease from the same period last year. The company's quarterly sales were $110.18 million, missing the analyst consensus estimate of $111.33 million by 1.03%, but showing a 1.26% increase from the same period last year.
August 09, 2023 | 8:12 pm
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Brilliant Earth Group's Q2 earnings beat estimates but sales missed. This mixed result could lead to uncertainty in the market.
Brilliant Earth Group's earnings beat estimates, which is positive for the stock. However, the company's sales missed estimates, which is negative. The net effect of these two factors is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100