BRC (BRCC) Scheduled to Post Quarterly Earnings on Wednesday

BRC (NYSE:BRCC) will post its quarterly earnings results after the market closes on Wednesday, May 8th. Analysts expect BRC to post earnings of ($0.04) per share for the quarter. BRC has set its FY 2024 guidance at EPS.Investors interested in participating in the company’s conference call can do so using this link.

BRC (NYSE:BRCC) last posted its quarterly earnings data on Wednesday, March 6th. The company reported $0.19 EPS for the quarter, beating the consensus estimate of ($0.01) by $0.20. BRC had a negative net margin of 4.23% and a positive return on equity of 4.11%. The firm had revenue of $119.65 million during the quarter, compared to analyst estimates of $124.38 million. On average, analysts expect BRC to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

BRC Stock Performance

Shares of NYSE BRCC traded up $0.05 during midday trading on Monday, reaching $3.90. The company’s stock had a trading volume of 102,479 shares, compared to its average volume of 692,183. The stock has a market capitalization of $827.39 million, a P/E ratio of -14.26 and a beta of 1.01. The company has a debt-to-equity ratio of 1.48, a current ratio of 1.28 and a quick ratio of 0.61. The firm has a 50 day moving average price of $4.32 and a 200-day moving average price of $3.96. BRC has a 12-month low of $2.51 and a 12-month high of $5.85.

Analyst Ratings Changes

Separately, Telsey Advisory Group reaffirmed an “outperform” rating and set a $8.00 target price on shares of BRC in a research report on Monday. Two equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $7.92.

BRC Company Profile

BRC Inc, through its subsidiaries, purchases, roasts, and sells coffee, coffee accessories, and branded apparel in the United States. The company also produces media content, as well as sells coffee brewing equipment, and outdoor and lifestyle gear. It supports active military, veterans, and first responders.