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

Beasley Broadcast Group (NASDAQ:BBGI) will be issuing its quarterly earnings data before the market opens on Wednesday, May 8th. Analysts expect the company to announce earnings of ($0.14) per share for the quarter.

Beasley Broadcast Group (NASDAQ:BBGI) last posted its earnings results on Monday, February 12th. The company reported ($0.13) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.06). Beasley Broadcast Group had a negative net margin of 30.40% and a negative return on equity of 3.99%. The company had revenue of $65.75 million during the quarter, compared to analysts’ expectations of $66.05 million. 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

BBGI stock traded up $0.03 on Thursday, reaching $0.75. The company had a trading volume of 298 shares, compared to its average volume of 22,388. Beasley Broadcast Group has a 1 year low of $0.60 and a 1 year high of $1.28. The company has a debt-to-equity ratio of 1.77, a quick ratio of 1.79 and a current ratio of 1.79. The company’s fifty day moving average is $0.79 and its 200 day moving average is $0.81. The company has a market cap of $22.60 million, a P/E ratio of -0.28 and a beta of 1.03.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on Beasley Broadcast Group in a research note on Thursday. They set a “hold” rating on the stock.

Beasley Broadcast Group Company Profile

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.