Brilliant Earth Group, Inc. (BRLT) Tops Q3 Earnings Estimates
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Brilliant Earth Group, Inc. (BRLT) reported Q3 earnings of $0.02 per share, surpassing the Zacks Consensus Estimate of $0.01 per share. However, this is a decrease from the $0.05 per share reported a year ago.
November 08, 2024 | 1:30 am
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Brilliant Earth Group, Inc. (BRLT) exceeded Q3 earnings expectations with $0.02 per share, above the $0.01 estimate, but earnings declined from $0.05 per share last year.
BRLT's earnings beat the consensus estimate, which is typically positive for stock prices. However, the year-over-year decline in earnings may temper investor enthusiasm. Overall, the short-term impact is likely positive due to the earnings beat.
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