Brilliant Earth Group Q1 2024 adjusted EPS $0.03, Same YoY, Sales $97.337M Miss $97.557M Estimate
Portfolio Pulse from Benzinga Newsdesk
Brilliant Earth Group (BRLT) reported Q1 2024 earnings of $0.03 per share, unchanged YoY, with sales of $97.337M missing the $97.557M estimate, a 0.37% decrease from the previous year.
May 09, 2024 | 9:29 pm
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Brilliant Earth Group reported stable Q1 2024 earnings per share at $0.03, consistent with last year, but missed sales estimates by a narrow margin.
The stability in earnings per share (EPS) suggests operational consistency, but the slight miss in sales estimates could indicate a minor setback in growth expectations. Given the small margin by which sales missed estimates and the unchanged EPS, the short-term impact on BRLT's stock price is likely to be neutral. Investors may view the stability in earnings positively, but the sales miss, albeit slight, could temper any potential enthusiasm.
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IMPORTANCE 75
RELEVANCE 100