Atlanta Braves (BATRK) to Release Quarterly Earnings on Thursday

Atlanta Braves (NASDAQ:BATRK) is scheduled to release its earnings data before the market opens on Thursday, August 8th. Analysts expect Atlanta Braves to post earnings of $0.41 per share for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Atlanta Braves (NASDAQ:BATRK) last released its quarterly earnings data on Wednesday, May 8th. The financial services provider reported ($0.83) earnings per share for the quarter, missing the consensus estimate of ($0.64) by ($0.19). The company had revenue of $37.08 million for the quarter, compared to analyst estimates of $39.63 million. On average, analysts expect Atlanta Braves to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Atlanta Braves Price Performance

Atlanta Braves stock opened at $41.72 on Wednesday. The company’s 50 day simple moving average is $40.70 and its 200 day simple moving average is $39.62. Atlanta Braves has a fifty-two week low of $33.95 and a fifty-two week high of $44.15. The firm has a market capitalization of $2.11 billion and a price-to-earnings ratio of -20.82.

Insiders Place Their Bets

In related news, major shareholder Associated Capital Group, Inc. bought 2,000 shares of the company’s stock in a transaction on Monday, June 24th. The shares were purchased at an average cost of $39.96 per share, for a total transaction of $79,920.00. Following the acquisition, the insider now owns 7,550 shares of the company’s stock, valued at approximately $301,698. The purchase was disclosed in a filing with the SEC, which is available at this link. In the last three months, insiders have purchased 3,000 shares of company stock worth $121,765. Company insiders own 11.43% of the company’s stock.

Atlanta Braves Company Profile

Atlanta Braves Holdings, Inc owns and operates the Atlanta Braves Major league baseball club. It also operates mixed-use development project, including retail, office, hotel, and entertainment projects. The company was incorporated in 2022 and is based in Englewood, Colorado.