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

Brilliant Earth

09/08/2023 22:53

* Brilliant Earth Group Inc  BRLT.OQ  reported quarterly
adjusted
earnings of 4 cents​​ per share for the quarter ended in June.
The mean expectation of eight analysts for the quarter was
for earnings of 3 cents per share.
    * Revenue rose 1.3% to $110.18 million from a year ago;
analysts
expected $111.33 million. 
    * Brilliant Earth Group Inc's reported EPS for the quarter
was 1
cent​.
    * The mean earnings estimate of analysts had fallen by
about 46.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Brilliant Earth Group Inc shares had risen by 3.4% this
quarter and lost 7.0% so far this year.
    * The company reported quarterly net income of $148
thousand.
    * Wall Street's median 12-month price target for Brilliant
Earth
Group Inc is $6.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 09:53 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.03           0.04           Beat
 Mar. 31 2023      0.02           0.03           Beat
 Dec. 31 2022      0.05           0.08           Beat
 Sep. 30 2022      0.05           0.07           Beat