Atlanta Braves (OTCMKTS:BATRB) Issues Earnings Results

Atlanta Braves (OTCMKTS:BATRB) released its quarterly earnings results on Wednesday. The company reported $0.15 EPS for the quarter, missing the consensus estimate of $0.31 by ($0.16), Zacks reports. The firm had revenue of $324.63 million for the quarter, compared to analyst estimates of $344.61 million.

Atlanta Braves Stock Performance

OTCMKTS BATRB remained flat at $72.00 on Thursday. 1 shares of the company’s stock were exchanged, compared to its average volume of 29. The business has a fifty day moving average price of $69.75 and a 200 day moving average price of $63.90. The company has a market capitalization of $4.52 billion, a PE ratio of -71.29 and a beta of 0.19. Atlanta Braves has a 52 week low of $54.50 and a 52 week high of $82.45.

About Atlanta Braves

Atlanta Braves Holdings, Inc owns and operates the Atlanta Braves, a Major League Baseball franchise based in Atlanta, Georgia. The organization generates revenue through baseball operations, including ticket sales, premium seating, concessions, sponsorships, advertising, broadcasting, licensing, merchandising and other game-day activities.

The Braves play at Truist Park, which opened in 2017 in Cobb County, Georgia. The company also owns and operates The Battery Atlanta, a mixed-use development adjacent to the ballpark that includes restaurants, retail stores, office space, residential properties, entertainment venues and hospitality offerings.

The franchise traces its history to 1871 and has represented Boston, Milwaukee and Atlanta during its history.