Recap: Beasley Broadcast Group Q4 Earnings


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


 

Shares of Beasley Broadcast Group (NASDAQ:BBGI) moved higher by 6.9% in pre-market trading after the company reported Q4 results.

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Quarterly Results

Earnings per share were up 322.22% over the past year to $0.38, which beat the estimate of $0.20.

Revenue of $68,461,000 decreased by 5.04% from the same period last year, which beat the estimate of $68,000,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Beasley Broadcast Group hasn't issued any revenue guidance for the time being.


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How To Listen To The Conference Call

Date: Feb 10, 2021

Time: 11:00 AM

ET Webcast URL: https://lumen.webcasts.com/starthere.jsp?ei=1429123&tp_key=b9c9246dcc

Technicals

Company's 52-week high was at $5.15

52-week low: $1.15

Price action over last quarter: Up 67.47%

Company Description

Beasley Broadcast Group Inc is a radio broadcasting company, engaged in operating radio stations throughout the United States. It operates radio stations including FM and AM radio stations located in large and mid-sized markets in the United States. The company owns and operates radio stations in the following radio markets: Atlanta, GA, Augusta, GA, Boston, MA, Charlotte, NC, Detroit, MI, Fayetteville, NC, Fort Myers-Naples, FL, Las Vegas, NV, Middlesex, NJ, Monmouth, NJ, Morristown, NJ, Philadelphia, PA, Tampa-Saint Petersburg, FL, West Palm Beach-Boca Raton, FL, and Wilmington, DE. It is also a multi-platform, marketing solutions provider that offers on-air, online, and mobile and social media applications. The main source of revenue is the sale of advertising.


27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.


Posted In: EarningsNewsBZI-Recaps