Liberty Braves Group Q3 2023 EPS $(0.10) Misses $0.32 Estimate, Sales $271.82M Beat $268.50M Estimate
Portfolio Pulse from totan@benzinga.com
Liberty Braves Group (NASDAQ:BATRA) reported Q3 2023 earnings per share (EPS) of $(0.10), missing the analyst consensus estimate of $0.32 by 131.25%. However, the company's quarterly sales of $271.82 million beat the estimate of $268.50 million by 1.24%. This represents a 79.17% increase in EPS and a 10.75% increase in sales compared to the same period last year.
November 03, 2023 | 12:24 pm
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NEUTRAL IMPACT
Liberty Braves Group's Q3 2023 earnings missed estimates, but sales exceeded expectations. This mixed result could lead to uncertain market reactions.
Liberty Braves Group's earnings miss could negatively impact the stock price, but the sales beat might offset this. The net effect on the stock price is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 100
RELEVANCE 100