Beasley Broadcast Group Q3 2023 Gaap EPS $(2.25) Misses $(0.06) Estimate, Sales $60.12M Miss $62.90M Estimate
Portfolio Pulse from saritha@benzinga.com
Beasley Broadcast Group (NASDAQ:BBGI) reported Q3 2023 GAAP EPS of $(2.25), missing the estimate of $(0.06) by 3650 percent. This is a 11350 percent decrease from the same period last year. The company also reported quarterly sales of $60.12 million, missing the estimate of $62.90 million by 4.42 percent, a 5.80 percent decrease from the same period last year.
November 01, 2023 | 11:45 am
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Beasley Broadcast Group's Q3 2023 earnings and sales significantly missed estimates, indicating a potential negative impact on the company's stock.
Beasley Broadcast Group's Q3 2023 earnings and sales missed estimates by a significant margin. This underperformance could negatively impact investor sentiment and lead to a decrease in the company's stock price in the short term.
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