BRC Q2 Adj EPS $(0.05) Beats $(0.06) Estimate, Sales $91.95M Miss $92.08M Estimate
Portfolio Pulse from Benzinga Newsdesk
BRC (NYSE:BRCC) reported Q2 losses of $(0.07) per share, missing the analyst consensus estimate of $(0.06) by 16.67%. The company also reported quarterly sales of $91.95 million, missing the estimate of $92.08 million by 0.14%. However, these figures represent a 68.18% increase in losses and a 38.55% increase in sales from the same period last year.
August 10, 2023 | 8:21 pm
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NEUTRAL IMPACT
BRC's Q2 earnings missed estimates, but showed improvement from the same period last year. This mixed result may lead to uncertainty in the market.
BRC's earnings missed estimates, which could negatively impact the stock. However, the YoY improvement in losses and sales could be seen as a positive sign, potentially offsetting the negative impact. The net effect on the stock is uncertain.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100