BRC Inc reports results for the quarter ended in December - Earnings Summary

BRC

06/03/2024 23:26

* BRC Inc  BRCC.N  reported a quarterly adjusted loss of 7
cents​​
per share for the quarter ended in December, higher than the
same quarter last year, when the company reported EPS of -9
cents.  The mean expectation of eight analysts for the quarter
was for a loss of one cent per share. Wall Street expected
results to range from -9 cents to 4 cents per share.
    * Revenue rose 27.8% to $119.65 million from a year ago;
analysts
expected $123.75 million. 
    * BRC Inc's reported EPS for the quarter was a loss of 7
cents​.
    * The company reported a quarterly loss of $4.49 million.
    * BRC Inc shares had risen by 7.2% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 33.3%
in the last three months.​ 
    * 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 4 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for BRC Inc is
$6.00 

This summary was machine generated from LSEG data March 6 at
11:25 p.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
 Dec. 31 2023      -0.01          -0.07          Missed
 Sep. 30 2023      -0.02          -0.05          Missed
 Jun. 30 2023      -0.06          -0.07          Missed
 Mar. 31 2023      -0.08          -0.08          Met