Beasley Broadcast Group (BBGI) to Release Earnings on Wednesday

Beasley Broadcast Group (NASDAQ:BBGIGet Free Report) will post its quarterly earnings results before the market opens on Wednesday, May 8th. Analysts expect Beasley Broadcast Group to post earnings of ($0.14) per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Beasley Broadcast Group (NASDAQ:BBGIGet Free Report) last issued 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 business 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 0.1 %

Shares of Beasley Broadcast Group stock traded down $0.00 during mid-day trading on Monday, hitting $0.73. 14,100 shares of the stock were exchanged, compared to its average volume of 22,042. The company has a debt-to-equity ratio of 1.77, a current ratio of 1.79 and a quick ratio of 1.79. Beasley Broadcast Group has a 12 month low of $0.60 and a 12 month high of $1.28. The company has a 50-day simple moving average of $0.78 and a 200 day simple moving average of $0.80.

Analysts Set New Price Targets

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

Check Out Our Latest Report on Beasley Broadcast Group

About Beasley Broadcast Group

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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.

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Earnings History for Beasley Broadcast Group (NASDAQ:BBGI)

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