Brilliant Earth Group, Inc. (BRLT) Tops Q3 Earnings Estimates

Group 1 - Brilliant Earth Group, Inc. (BRLT) reported quarterly earnings of $0.02 per share, exceeding the Zacks Consensus Estimate of$ 0.01 per share, but down from $0.05 per share a year ago, representing an earnings surprise of 100% [1] - The company posted revenues of$ 99.87 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 0.52%, and down from $114.15 million year-over-year [2] - The stock has underperformed significantly, losing about 54% since the beginning of the year compared to the S&P 500's gain of 24.3% [3] Group 2 - The current consensus EPS estimate for the upcoming quarter is breakeven on revenues of$ 116.64 million, and $0.05 on revenues of$ 419.59 million for the current fiscal year [7] - The Zacks Industry Rank for Retail - Jewelry is currently in the bottom 18% of over 250 Zacks industries, indicating potential challenges for the sector [8] - Signet (SIG), another company in the same industry, is expected to report quarterly earnings of $0.29 per share, reflecting a year-over-year change of +20.8%, with revenues projected at$ 1.36 billion, down 2% from the previous year [9]