BRC Q3 EPS $(0.05) Misses $(0.02) Estimate, Sales $100.54M Miss $106.55M Estimate
Portfolio Pulse from bharat@benzinga.com
BRC (NYSE:BRCC) reported Q3 losses of $(0.05) per share, missing the analyst consensus estimate of $(0.02) by 150%. The company also reported quarterly sales of $100.54 million, missing the analyst consensus estimate of $106.55 million by 5.64%. However, this represents a 33.17% increase over sales from the same period last year.
November 09, 2023 | 9:39 pm
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NEGATIVE IMPACT
BRC's Q3 earnings and sales missed analyst estimates, which could negatively impact the stock in the short term.
BRC's Q3 earnings and sales fell short of analyst estimates, which is typically a negative signal to the market and could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100