UPDATE: BRC Q2 Adj EPS $(0.05) Beats $(0.06) Estimate, Sales $91.95M Miss $92.08M Estimate
Portfolio Pulse from Happy Mohamed
BRC (NYSE:BRCC) reported Q2 adjusted EPS of $(0.05), beating the estimate of $(0.06) by 16.67%. However, the company's sales of $91.95M missed the estimate of $92.08M by 0.14%. This represents a 77.27% increase in EPS and a 38.55% increase in sales compared to the same period last year.
August 10, 2023 | 8:29 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
BRC's Q2 results exceeded EPS estimates but fell short on sales. The company's EPS increased by 77.27% and sales increased by 38.55% YoY.
BRC's EPS beat estimates, which is positive for the stock. However, the company missed sales estimates, which is negative. The net effect could be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100