Brilliant Earth Group Full Year 2023 Earnings: EPS Beats Expectations

Brilliant Earth Group (NASDAQ:BRLT) Full Year 2023 Results

Key Financial Results

• Revenue: US$446.4m (up 1.5% from FY 2022).
• Net income: US$584.0k (down 73% from FY 2022).
• Profit margin: 0.1% (down from 0.5% in FY 2022). The decrease in margin was driven by higher expenses.
• EPS: US$0.049 (down from US$0.20 in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Brilliant Earth Group EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) exceeded analyst estimates.

Looking ahead, revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Specialty Retail industry in the US.

Performance of the American Specialty Retail industry.

The company's shares are down 3.5% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with Brilliant Earth Group.

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