BRC Inc expected to post a loss of 2 cents a share - Earnings Preview

BRC

06/08/2024 03:02

* BRC Inc  BRCC.N   BRCC.K  is expected to show a rise in
quarterly revenue when it reports  results on August 7 for the
period ending June 30 2024
    * The Salt Lake City Utah-based  company is expected to
report a
9.8% increase in revenue to $100.912 million from $91.95 million
a year ago, according to the mean estimate from 8 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for BRC Inc is for a loss
of 2
cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for BRC Inc is
$7.00​, above​ its last closing price of $5.07. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  -0.04       -0.04      0.01      Beat    124.2
 Dec. 31 2024  -0.01       -0.01      -0.07     Missed  -425.1
 Sep. 30 2023  -0.02       -0.02      -0.05     Missed  -138.1
                                                        ​
 Jan. 1 0001   -0.06       -0.06      -0.07     Missed  -14.5
 ​​Mar.        -0.08       -0.08      -0.08     Met     -1.6
 31 2023                                                
 Dec. 31 2022              -0.07      -0.09     Missed  -22.1​
 Sep. 30 2022  -0.06       -0.06      -0.08     Missed  -36.8
 Jun. 30 2022  -0.04       -0.04      0.56      Beat    1,460.
                                                        2
 This summary was machine generated August 6 at 02:01 GMT.  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)