Brilliant Earth Group (BRLT) Scheduled to Post Quarterly Earnings on Thursday

Posted by Stuart Ham on Nov 6th, 2024

Brilliant Earth Group (NASDAQ:BRLT – Get Free Report) will be announcing its earnings results after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $0.01 per share for the quarter. Brilliant Earth Group has set its FY 2024 guidance at EPS and its Q3 2024 guidance at EPS.Individual that wish to register for the company’s earnings conference call can do so using this link.

Brilliant Earth Group (NASDAQ:BRLT – Get Free Report) last announced its earnings results on Thursday, August 8th. The company reported $0.02 EPS for the quarter, topping analysts’ consensus estimates of ($0.02) by $0.04. The business had revenue of $105.43 million during the quarter, compared to the consensus estimate of $106.52 million. Brilliant Earth Group had a net margin of 0.57% and a return on equity of 6.48%. On average, analysts expect Brilliant Earth Group to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Brilliant Earth Group Stock Performance

BRLT stock opened at $1.75 on Wednesday. The firm has a market cap of $172.06 million, a price-to-earnings ratio of 29.17 and a beta of 1.59. The firm has a 50-day simple moving average of $1.88 and a two-hundred day simple moving average of $2.18. Brilliant Earth Group has a one year low of $1.52 and a one year high of $3.81. The company has a debt-to-equity ratio of 0.52, a quick ratio of 2.33 and a current ratio of 2.88.

Analyst Upgrades and Downgrades

Several research firms have commented on BRLT. William Blair lowered shares of Brilliant Earth Group from an “outperform” rating to a “market perform” rating in a research report on Friday, August 9th. Telsey Advisory Group reissued an “outperform” rating and set a $3.00 price target on shares of Brilliant Earth Group in a research report on Friday, November 1st.

Check Out Our Latest Stock Analysis on BRLT

Brilliant Earth Group Company Profile

(Get Free Report)

Brilliant Earth Group, Inc designs, procures, and sells diamonds, gemstones, and jewelry in the United States and internationally. The company’s product assortment and merchandise include a collection of diamond engagement rings, wedding and anniversary rings, gemstone rings, and fine jewelry. It sells directly to consumers through its omnichannel sales platform, including e-commerce and showrooms.