Beasley Broadcast Group Q2 Sales $60.44M Miss $60.80M Estimate
Portfolio Pulse from Benzinga Newsdesk
Beasley Broadcast Group (NASDAQ:BBGI) reported Q2 sales of $60.44 million, missing the analyst consensus estimate of $60.80 million by 0.60%. This represents a 4.77% decrease from the same period last year.
August 12, 2024 | 11:02 am
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Beasley Broadcast Group reported Q2 sales of $60.44 million, missing the analyst estimate of $60.80 million by 0.60%. This is a 4.77% decrease from the same period last year, which may negatively impact the stock price in the short term.
The company's Q2 sales missed analyst expectations and showed a year-over-year decline, which is likely to be viewed negatively by investors and could result in a short-term decrease in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100