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

BRC

10/08/2023 22:47

* BRC Inc  BRCC.N  reported a quarterly adjusted loss of 7
cents​​
per share for the quarter ended in June. The mean expectation of
nine analysts for the quarter was for a loss of 6 cents per
share.
    * Revenue rose 38.5% to $91.95 million from a year ago;
analysts
expected $92.08 million. 
    * BRC Inc's reported EPS for the quarter was a loss of 7
cents​.
    * The mean earnings estimate of analysts had fallen by
about 38.5%
in the last three months.​ 
    * In the last 30 days, there have been no negative revisions
of
earnings estimates 
    * BRC Inc shares had fallen by 22.1% this quarter and
lost 34.2%
so far this year.
    * The company reported a quarterly loss of $4.23 million.
    * Wall Street's median 12-month price target for BRC Inc is
$10.00
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 10 at 09:47 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.06          -0.07          Missed
 Mar. 31 2023      -0.08          -0.08          Met
 Dec. 31 2022      -0.07          -0.09          Missed
 Sep. 30 2022      -0.06          -0.08          Missed