Beasley Broadcast Group, Inc. (NASDAQ:BBGI) is reporting third quarter earnings results on Tuesday 3rd November 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.27 per share.
For the full year, analysts predict revenues of $ 188.00 million, while looking forward to loss of $ 1.32 per share.
Previous Quarter Performance
Beasley Broadcast Group, Inc. disclosed loss for the second quarter of $ 0.53 per share, from the revenue of $ 30.38 million. The consensus estimates are loss of $ 0.20 per share from $ 43.00 million in revenue. The bottom line results missed street analysts by $ 0.33 or 165 percent, at the same time, top line results fell short of analysts by $ 12.62 million or 29.35 percent.
Stock Performance
Shares of Beasley Broadcast Group, Inc. traded up $ 0.03 or 2.48 percent on Monday, reaching $ 1.24 with volume of 57.60 thousand shares. Beasley Broadcast Group, Inc. has traded high as $ 1.24 and has cracked $ 1.21 on the downward trend
The closing price of $ 1.24, representing a 5.22 % increase from the 52 week low of $ 1.15 and a 76.5 % decrease over the 52 week high of $ 5.15.
The company has a market capital of $ 36.32 million and is part of the Consumer Cyclical sector and Broadcasting – Radio industry.
Conference Call
Beasley Broadcast Group, Inc. will be hosting a conference call at 11:00 AM eastern time on 3rd November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.bbgi.com
Beasley Broadcast Group, Inc., a radio broadcasting company, operates radio stations in the United States. As of February 11, 2019, it owned and operated 64 stations, including 46 FM and 18 AM stations in 15 large- and mid-size markets. The company was founded in 1961 and is headquartered in Naples, Florida.
