BRC Inc reports results for the quarter ended December 31 - Earnings Summary

• BRC Inc BRCC.N reported a quarterly adjusted loss of 3 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of -7 cents. The mean expectation of six analysts for the quarter was for a loss of one cent per share. Wall Street expected results to range from -5 cents to 2 cents per share.

• Revenue fell 11.5% to $105.88 million from a year ago; analysts expected $106.20 million.

• BRC Inc's reported EPS for the quarter was a loss of 3 cents​.

• The company reported a quarterly loss of $2.48 million.

• BRC Inc shares had fallen by 18.6% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged 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 3 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the food processing peer group is also "buy"

Wall Street's median 12-month price target for BRC Inc is $5.00

This summary was machine generated from LSEG data March 4 at 01:04 a.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)