Beasley Broadcast Group (BBGI) Set to Announce Earnings on Wednesday

Posted by Joseph Griffin on Apr 23rd, 2024

Beasley Broadcast Group (NASDAQ:BBGI – Get Free Report) is set to issue its quarterly earnings data on Wednesday, April 24th.

Beasley Broadcast Group (NASDAQ:BBGI – Get Free Report) last posted its quarterly earnings results on Monday, February 12th. The company reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.06). Beasley Broadcast Group had a negative return on equity of 3.99% and a negative net margin of 30.40%. The firm had revenue of $65.75 million for the quarter, compared to analyst estimates 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 Trading Down 4.3 %

Shares of Beasley Broadcast Group stock opened at $0.68 on Tuesday. The stock has a market capitalization of $20.64 million, a PE ratio of -0.27 and a beta of 1.00. Beasley Broadcast Group has a 52 week low of $0.60 and a 52 week high of $1.28. The stock has a 50 day moving average price of $0.81 and a two-hundred day moving average price of $0.81. The company has a debt-to-equity ratio of 1.77, a quick ratio of 1.79 and a current ratio of 1.79.

Wall Street Analysts Forecast Growth

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

View Our Latest Research Report on BBGI

About Beasley Broadcast Group

(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.