Brilliant Earth Group Inc reports results for the quarter ended in September 30 - Earnings Summary

• Brilliant Earth Group Inc BRLT.OQ reported quarterly adjusted earnings of 2 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 5 cents. The mean expectation of six analysts for the quarter was for breakeven results per share. Wall Street expected results to range from -1 cents to 2 cents per share.

• Revenue fell 12.5% to $99.87 million from a year ago; analysts expected $100.25 million.

• Brilliant Earth Group Inc's reported EPS for the quarter was a loss of 1 cent​.

• The company reported a quarterly loss of $141 thousand.

• Brilliant Earth Group Inc shares had fallen by 20.1% this quarter and lost 54.0% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 200% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the apparel & accessories retailers peer group is also "buy"

Wall Street's median 12-month price target for Brilliant Earth Group Inc is $3.00

This summary was machine generated from LSEG data November 8 at 05:10 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)