Brilliant Earth Group: Q3 Earnings Insights

Brilliant Earth Group (NASDAQ:BRLT) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:05 PM. Here’s…

Brilliant Earth Group (NASDAQ:BRLT) reported its Q3 earnings results on Thursday, November 9, 2023 at 04:05 PM.

Here’s what investors need to know about the announcement.

Earnings

Brilliant Earth Group beat estimated earnings by 25.0%, reporting an EPS of $0.05 versus an estimate of $0.04.

Revenue was up $2.75 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.01 which was followed by a 1.98% drop in the share price the next day.

Here’s a look at Brilliant Earth Group’s past performance:

Quarter Q2 2023 Q1 2023 Q4 2022 Q3 2022
EPS Estimate 0.03 0.02 0.05 0.05
EPS Actual 0.04 0.03 0.08 0.07
Revenue Estimate 111.33M 95.22M 123.39M 111.21M
Revenue Actual 110.18M 97.70M 119.60M 111.41M

To track all earnings releases for Brilliant Earth Group visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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