BRC Inc reports results for the quarter ended September 30 - Earnings Summary

• BRC Inc BRCC.N reported a quarterly adjusted loss of 28 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported breakeven earnings per share. The mean expectation of two analysts for the quarter was for earnings of 6 cents per share. Wall Street expected results to range from 1 cents to 10 cents per share.

• Revenue rose 7.3% to $108.04 million from a year ago; analysts expected $105.89 million.

• BRC Inc's reported EPS for the quarter was a loss of 28 cents​.

• The company reported a quarterly loss of $3.35 million.

• BRC Inc shares had risen by 39.1% this quarter and gained 13.5% so far this year.

FORECAST CHANGES

• 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," no "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 $25.00, about 49.3% above its last closing price of $12.67

This summary was machine generated from LSEG data November 2 at 11:25 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)