Beasley Broadcast Group (BBGI) to Release Quarterly Earnings on Wednesday

Posted by William Tyler on Apr 23rd, 2024

Beasley Broadcast Group (NASDAQ:BBGI – Get Free Report) will be announcing its earnings results on Wednesday, April 24th.

Beasley Broadcast Group (NASDAQ:BBGI – Get Free Report) last released its earnings results on Monday, February 12th. The company reported ($0.13) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.06). The business had revenue of $65.75 million for the quarter, compared to the consensus estimate of $66.05 million. Beasley Broadcast Group had a negative net margin of 30.40% and a negative return on equity of 3.99%. On average, analysts expect Beasley Broadcast Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Beasley Broadcast Group Price Performance

Shares of NASDAQ:BBGI opened at $0.68 on Tuesday. The company’s fifty day moving average is $0.81 and its 200 day moving average is $0.81. The company has a quick ratio of 1.79, a current ratio of 1.79 and a debt-to-equity ratio of 1.77. Beasley Broadcast Group has a 52 week low of $0.60 and a 52 week high of $1.28. The stock has a market cap of $20.64 million, a PE ratio of -0.27 and a beta of 1.00.

Analyst Ratings Changes

Separately, StockNews.com started coverage on Beasley Broadcast Group in a report on Tuesday, April 16th. They issued a “hold” rating on the stock.

Read Our Latest Research Report on Beasley Broadcast Group

Beasley Broadcast Group Company Profile

(Get Free Report)

Beasley Broadcast Group, Inc, a multi-platform media company, owns and operates radio stations in the United States. The company offers local and national advertisers integrated marketing solutions across audio, digital, and event platforms. It operates Houston Outlaws, an esports team that competes in the Overwatch League; and an esports team that competes in the Rocket League.