BRC Q1 2024 GAAP EPS $0.01 Beats $(0.03) Estimate, Sales $98.392M Beat $97.135M Estimate
Portfolio Pulse from Benzinga Newsdesk
BRC (NYSE:BRCC) reported Q1 2024 earnings of $0.01 per share, surpassing the $(0.03) estimate, marking a 133.33% beat and a significant improvement from last year's $(0.08) per share loss. Sales reached $98.392M, exceeding the $97.135M forecast by 1.29% and showing a 17.85% increase from the previous year's $83.490M.
May 08, 2024 | 8:59 pm
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BRC (NYSE:BRCC) reported a significant beat on both EPS and sales estimates for Q1 2024, with EPS at $0.01 against a $(0.03) estimate and sales of $98.392M against a $97.135M estimate.
BRC's significant beat on both earnings per share and sales estimates for Q1 2024 indicates strong financial performance and operational efficiency, likely leading to positive investor sentiment and potential short-term stock price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100