Streetbeat News

BBGI

Beasley Broadcast Group, Inc.

https://www.bbgi.com

Industry

Broadcasting

Beasley Broadcast Group, Inc., a multi-platform media company, owns and operates radio stations in the United States. It also operates Houston Outlaws, an esports team that competes in the Overwatch League. The company was founded in 1961 and is headquartered in Naples, Florida.

Open

5.76

Mkt cap

10M

Volume

12K

High

6.34

P/E Ratio

3.12

52-wk high

17.80

Low

5.76

Div yield

N/A

52-wk low

5.76

U.S. stocks fell significantly on Monday, with the Nasdaq dropping 3.14%, the Dow Jones falling 2.18%, and the S&P 500 declining 2.54%. Tyson Foods reported better-than-expected earnings, while several stocks saw significant price movements, including MGO Global, Beasley Broadcast Group, Kernel Group Holdings, Actinium Pharmaceuticals, VBI Vaccines, and Urgently.

Portfolio Pulse from Avi Kapoor

August 05, 2024 | 2:20 pm

Beasley Broadcast Group (BBGI) reported Q1 sales of $54.380M, missing the consensus estimate of $55.100M by 1.31% and marking a 5.88% decrease from the previous year.

Portfolio Pulse from Benzinga Newsdesk

May 08, 2024 | 11:15 am

Insiders at Retractable Technologies, Citizens, Beasley Broadcast Group, and Rezolute have recently made significant stock purchases. These transactions indicate insider confidence in the companies' prospects despite mixed financial results. Retractable Technologies reported a loss, Citizens showed revenue growth, Beasley Broadcast had downbeat sales, and Rezolute posted a narrower-than-expected loss.

Portfolio Pulse from Avi Kapoor

February 21, 2024 | 1:27 pm

Insiders at EMCORE, Beasley Broadcast, and Arena Group have recently made significant stock purchases, signaling potential confidence in their companies despite recent challenges. EMCORE's insider bought shares after disappointing Q1 results, Beasley Broadcast's insider purchase followed weak Q4 sales, and Arena Group's insider buying came after the CEO's termination.

Portfolio Pulse from Avi Kapoor

February 20, 2024 | 1:30 pm

In Monday's pre-market session, several communication services stocks showed notable movements. Gainers included NFT (MI), Gaxos.AI (GXAI), Beasley Broadcast Group (BBGI), Altice USA (ATUS), Treasure Global (TGL), and TuanChe (TC) with increases ranging from 5.34% to 11.7%. Losers were WiMi Hologram Cloud (WIMI), BuzzFeed (BZFD), Baosheng Media Gr (BAOS), LQR House (LQR), Entravision Comms (EVC), and MoneyHero (MNY), with decreases ranging from 4.35% to 9.0%. Beasley Broadcast Group's rise was attributed to its Q4 earnings release.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 1:06 pm

Beasley Broadcast Group (BBGI) reported Q4 earnings of $0.21 per share with sales of $65.70M, missing the consensus estimate of $66.05M by 0.53%. This represents an 8.78% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

February 12, 2024 | 12:03 pm

Numerous companies are scheduled to report their earnings on February 12, 2024, with expectations spanning from losses to significant profits across various sectors. Key reports include Goodyear Tire & Rubber with expected earnings of $0.36 per share on $5.39 billion revenue, and Avis Budget Group projecting earnings of $4.15 per share on $2.81 billion revenue. The diversity in performance indicators reflects a broad economic landscape, potentially influencing market movements.

Portfolio Pulse from Benzinga Insights

February 12, 2024 | 10:21 am

Beasley Broadcast Group (NASDAQ:BBGI) is scheduled to release its quarterly earnings report on 2024-02-12, with analysts expecting an EPS of $-0.07. The company's past earnings performance shows mixed results, with a significant miss last quarter leading to a slight share price drop. Over the last year, BBGI shares have declined by 30.04%, indicating potential concern among long-term shareholders ahead of this earnings announcement.

Portfolio Pulse from Benzinga Insights

February 09, 2024 | 3:01 pm

Four communication services sector stocks are showing signs of being overbought according to their Relative Strength Index (RSI) values, which may indicate a potential short-term pullback. Beasley Broadcast Group, Inc. (BBGI) reported a decrease in net revenues and has an RSI of 75.48. Fluent, Inc. (FLNT) posted weak quarterly results with an RSI of 78.11. Reading International, Inc. (RDI) reported a narrower quarterly loss and has an RSI of 70.78. PLDT Inc. (PHI) has an RSI of 70.60. All stocks have recently experienced price increases but may face a downturn due to their overbought status.

Portfolio Pulse from Avi Kapoor

January 12, 2024 | 1:26 pm

Collective Audience, Inc. (NASDAQ:CAUD) has appointed Peter Bordes as CEO, succeeding Brent Suen. Bordes brings over 30 years of experience in AdTech, media, AI, fintech, and technology sectors. Suen praised Bordes' leadership and vision, which align with the company's goals to build a full stack integrated platform, acquire complementary technologies, and form new partnerships. Bordes' appointment is expected to open new business opportunities and drive growth. He has been an influential angel investor and holds board positions at several companies. In connection with his hiring, Bordes received 71,429 shares of restricted common stock of Collective Audience, vesting over six months.

Portfolio Pulse from Benzinga Newsdesk

December 11, 2023 | 1:50 pm

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