Beasley Broadcast Group (BBGI) Projected to Post Quarterly Earnings on Monday

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

Beasley Broadcast Group Trading Up 0.5 %

Shares of Beasley Broadcast Group stock opened at $8.06 on Monday. Beasley Broadcast Group has a 12-month low of $7.60 and a 12-month high of $18.80. The company’s 50 day moving average is $8.80. The company has a debt-to-equity ratio of 1.82, a current ratio of 1.60 and a quick ratio of 1.60. The firm has a market cap of $12.41 million, a price-to-earnings ratio of 4.83 and a beta of 0.85.

Wall Street Analyst Weigh In

Separately, StockNews.com began coverage on Beasley Broadcast Group in a research note on Wednesday, January 29th. They issued a “hold” rating for the company.

About Beasley Broadcast Group

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.