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Beasley Broadcast Group (BBGI)
NASDAQ:BBGI
RESEARCH TOOLSreports
Earnings Data
Report Date
May 13, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
―Last Year’s EPS
0Same Quarter Last Year
Based on 0 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Mar 20, 2025
|% Change Since: -12.88%
|Next Earnings Date:May 13, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted significant achievements in cost savings, political revenue, and digital revenue expansion. However, challenges remain with declines in national and local ad spend, new business development, and sports betting revenue. The company is focused on long-term growth strategies amid economic uncertainties.Company Guidance
During the Beasley Broadcast Group's fourth quarter and full year 2024 earnings call, CEO Caroline Beasley highlighted significant financial metrics and strategic initiatives. The company achieved over $20 million in annualized savings through workforce realignment and technology-driven efficiencies. Fourth-quarter total net revenue was reported at $67.3 million, a 2.3% increase from the previous year, with political revenue contributing $8.3 million. Digital revenue accounted for 17.1% of total revenue in Q4 and 19.4% for the full year, underscoring its importance as a growth engine. National revenue, excluding political, declined by 4.9% in Q4, while local over-the-air revenue saw a 5.7% decrease. Station operating income (SOI) for the quarter was $14.1 million, up 46% year-over-year. The company reduced its total principal outstanding debt to $220 million, down from $267 million at the end of 2023. Looking ahead, Beasley anticipates digital to drive significant new business in 2025, despite a challenging advertising landscape, with same-station revenue down about 10% in early 2025. The company remains focused on digital growth and operational excellence to ensure long-term success.Annualized Savings and Improved Leverage
Delivered over $20 million in annualized savings through workforce realignment and technology-driven efficiencies, improving the leverage profile and reducing financial risk.
Same-Station Revenue Growth
Same-station revenue for the fourth quarter grew by 4.4%.
Political Revenue Boost
Political revenue reached $8.3 million in Q4 and $12.1 million for the year, driven by strong federal election spending in key battleground states.
Operating Income Stability
Operating income for Q4 was $7.6 million, holding steady year-over-year despite the absence of a one-time $6 million gain in Q4 of 2023.
Station Operating Income Increase
Station operating income increased by 46% year-over-year, reaching $14.1 million.
Significant Debt Reduction
Reduced total principal outstanding on notes from $267 million at the end of 2023 to $220 million at the end of Q4 2024.
Digital Revenue Expansion
Digital revenue accounted for 19.4% of total revenue for the full year, up from 18.4% in the prior year.
Import Segment Growth in Auto Sector
Import segment in the auto sector grew by 115% year-over-year.
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BBGI Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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BBGI Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Mar 20, 2025 | $5.90 | $6.09 | +3.22% |
| Nov 05, 2024 | $11.84 | $10.75 | -9.21% |
| Aug 12, 2024 | $11.60 | $12.00 | +3.45% |
| May 08, 2024 | $14.55 | $14.28 | -1.86% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Beasley Broadcast Group (BBGI) report earnings?
Beasley Broadcast Group (BBGI) is schdueled to report earning on May 13, 2025, TBA Not Confirmed.
What is Beasley Broadcast Group (BBGI) earnings time?
Beasley Broadcast Group (BBGI) earnings time is at May 13, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is BBGI EPS forecast?
Currently, no data Available
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