BRC, a coffee company, reported Q2 earnings meeting EPS estimates but missing revenue forecasts, leading to a stock price rise and varied analyst ratings.
BRC (NYSE: BRCC) reported Q2 earnings meeting consensus EPS estimates of ($0.01) and $89.02M revenue, below forecasted $101.54M. Stock price rose $0.13 to $3.50. The company, which purchases, roasts, and sells coffee, supports active military, vets, and first responders, and has a market cap of $743.12M, P/E of -19.42, and FY 2024 guidance updated to EPS. Analysts' ratings range from 'hold' to 'buy' with an average 'Hold' rating and $7.00 consensus target price.
August 10, 2024
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