Brilliant Earth Group Inc reports results for the quarter ended in December - Earnings Summary

Brilliant Earth

14/03/2024 21:52

* Brilliant Earth Group Inc  BRLT.OQ  reported quarterly
adjusted
earnings of 4 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of 8 cents.  The mean expectation of
seven analysts for the quarter was for earnings of one cent per
share. Wall Street expected results to range from zero cents
to 1 cents per share.
    * Revenue rose 4% to $124.35 million from a year ago;
analysts
expected $124.61 million. 
    * Brilliant Earth Group Inc's reported EPS for the quarter
was 2
cents​.
    * The company reported quarterly net income of $243
thousand.
    * Brilliant Earth Group Inc shares had fallen by 31.2% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 31.4%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the apparel &
accessories retailers peer group is also "buy"

Wall Street's median 12-month price target for Brilliant Earth
Group Inc is $4.00 
This summary was machine generated from LSEG data March 14 at
09:51 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.01           0.04           Beat
 Sep. 30 2023      0.04           0.05           Beat
 Jun. 30 2023      0.03           0.04           Beat
 Mar. 31 2023      0.02           0.03           Beat