Liberty Braves Group Q3 Gaap EPS $(0.10) Misses $0.32 Estimate, Sales $271.82M Beat $268.50M Estimate
Portfolio Pulse from saritha@benzinga.com
Liberty Braves Group (NASDAQ:BATRA) reported Q3 GAAP EPS of $(0.10), missing the analyst consensus estimate of $0.32 by 131.25%. However, the company's quarterly sales of $271.82M beat the estimate of $268.50M by 1.24%. This represents a 79.17% increase in losses and a 10.75% increase in sales compared to the same period last year.
November 03, 2023 | 12:25 pm
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Liberty Braves Group's Q3 earnings missed estimates, but sales exceeded expectations. This mixed result could lead to uncertain short-term price movements.
Liberty Braves Group's Q3 earnings missed estimates significantly, which could negatively impact the stock price. However, the company's sales exceeded expectations, which could offset the negative impact. Therefore, the short-term price direction is uncertain.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100