Yahoo Finance BRC Full Year 2023 Earnings: Misses Expectations
BRC (NYSE:BRCC) Full Year 2023 Results
Key Financial Results
Revenue: US$395.6m (up 31% from FY 2022).
Net loss: US$16.7m (loss narrowed by 80% from FY 2022).
US$0.28 loss per share (improved from US$1.62 loss in FY 2022).
All figures shown in the chart above are for the trailing 12 month (TTM) period
BRC Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 1.0%. Earnings per share (EPS) also missed analyst estimates by 39%.
Looking ahead, revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Food industry in the US.
Performance of the American Food industry.
The company's shares are up 10.0% from a week ago.
Risk Analysis
It is worth noting though that we have found 2 warning signs for BRC that you need to take into consideration.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
