Brilliant Earth Group Inc reports results for the quarter ended June 30 - Earnings Summary

• Brilliant Earth Group Inc BRLT.OQ reported quarterly adjusted earnings of 1 cent​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 3 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 -2 cents tozero cents per share.

• Revenue rose 3.3% to $108.94 million from a year ago; analysts expected $103.77 million.

• Brilliant Earth Group Inc's reported EPS for the quarter was a loss of 1 cent​.

• The company reported a quarterly loss of $166 thousand.

• Brilliant Earth Group Inc shares had risen by 0.4% this quarter and lost 34.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 20% 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 "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the apparel & accessories retailers peer group is "buy."

• Wall Street's median 12-month price target for Brilliant Earth Group Inc is $2.00, about 31% above its last closing price of $1.38

This summary was machine generated from LSEG data August 7 at 05:05 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)