Beasley Broadcast Group Inc reports results for the quarter ended in September 30 - Earnings Summary

Beasley Broadcast

06/11/2024 04:54

* Beasley Broadcast Group Inc  BBGI.OQ  reported a quarterly
adjusted loss of $2.33​​ per share for the quarter ended
September 30, higher than the same quarter last year, when the
company reported EPS of $-45.00.  The lone analyst forecast for
the quarter was for breakeven results per share. 
    * Revenue fell 3.2% to $58.20 million from a year ago;
analysts
expected $61.10 million. 
    * Beasley Broadcast Group Inc's reported EPS for the quarter
was a
loss of $2.33​.
    * The company reported a quarterly loss of $3.56 million.
    * Beasley Broadcast Group Inc shares had risen by 9.9% this
quarter and lost 32.6% so far this year.

FORECAST CHANGES
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the broadcasting
peer
group is also "buy"

This summary was machine generated from LSEG data November 6 at
04:54 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.00           -2.33          Missed
 Jun. 30 2024      -0.60          -0.20          Beat
 Mar. 31 2024      -2.80          -4.00          Missed
 Dec. 31 2023      -1.40          1.20           Beat