Beasley Broadcast Group BBGI is gearing up to announce its quarterly earnings on Tuesday, 2024-11-05. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Beasley Broadcast Group will report an earnings per share (EPS) of $0.00.
The announcement from Beasley Broadcast Group is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Historical Earnings Performance
The company's EPS beat by $0.40 in the last quarter, leading to a 9.4% increase in the share price on the following day.
Here's a look at Beasley Broadcast Group's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | -0.6 | -2.8 | -1.4 | -1.2 |
| EPS Actual | -0.2 | 0 | -1.8 | -45 |
| Price Change % | 9.0% | -3.0% | 5.0% | -0.0% |
Stock Performance
Shares of Beasley Broadcast Group were trading at $12.54 as of November 01. Over the last 52-week period, shares are down 21.19%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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