Brilliant Earth Group (NASDAQ:BRLT) First Quarter 2024 Results
Key Financial Results
Revenue: US$97.3m (flat on 1Q 2023).
Net income: US$139.0k (up from US$52.0k loss in 1Q 2023).
Profit margin: 0.1% (up from net loss in 1Q 2023).
EPS: US$0.011 (up from US$0.005 loss in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Brilliant Earth Group EPS Beats Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates.
Looking ahead, revenue is forecast to grow 5.5% p.a. on average during the next 2 years, compared to a 4.9% growth forecast for the Specialty Retail industry in the US.
Performance of the American Specialty Retail industry.
The company’s shares are up 1.9% from a week ago.
Risk Analysis
You should always think about risks. Case in point, we’ve spotted 2 warning signs for Brilliant Earth Group you should be aware of, and 1 of them is a bit unpleasant.
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