Beasley Broadcast Group (BBGI) Reports Q2 Loss, Misses Revenue Estimates

Beasley Broadcast Group (BBGI) came out with a quarterly loss of $0.01 per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 66.67%. A quarter ago, it was expected that this radio broadcaster would post a loss of $0.14 per share when it actually produced break-even earnings, delivering a surprise of 100%.Over the last four quarters, the ...