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

Beasley Broadcast Group (NASDAQ:BBGI) is projected to post its quarterly earnings results before the market opens on Monday, February 10th. Analysts expect Beasley Broadcast Group to post earnings of $2.20 per share and revenue of $72.20 million for the quarter.

Beasley Broadcast Group (NASDAQ:BBGI) last announced its quarterly earnings results on Tuesday, November 5th. The company reported ($2.33) EPS for the quarter. Beasley Broadcast Group had a net margin of 1.07% and a negative return on equity of 5.12%. The firm had revenue of $58.19 million for the quarter, compared to analysts’ expectations of $61.10 million. During the same quarter in the prior year, the business posted $1.80 EPS.

Beasley Broadcast Group Price Performance

NASDAQ:BBGI opened at $8.06 on Monday. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 1.82. The stock has a market capitalization of $12.41 million, a price-to-earnings ratio of 4.83 and a beta of 0.85. The business has a 50-day simple moving average of $8.80. Beasley Broadcast Group has a 1-year low of $7.60 and a 1-year high of $18.80.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on shares of Beasley Broadcast Group in a research note on Wednesday, January 29th. 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.