Atlanta Braves (OTCMKTS:BATRB) Posts Earnings Results, Misses Estimates By $0.16 EPS

Atlanta Braves (OTCMKTS:BATRB) announced its quarterly earnings data on Wednesday. The company reported $0.15 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.31 by ($0.16), Zacks reports. The company had revenue of $324.63 million during the quarter, compared to the consensus estimate of $344.61 million.

Atlanta Braves Stock Performance

OTCMKTS:BATRB remained flat at $72.00 during trading hours on Friday. 1 shares of the company’s stock traded hands, compared to its average volume of 29. Atlanta Braves has a twelve month low of $54.50 and a twelve month high of $82.45. The stock has a market capitalization of $4.52 billion, a P/E ratio of -54.14 and a beta of 0.19. The firm has a 50-day moving average of $69.77 and a 200 day moving average of $63.97.

Atlanta Braves Company Profile

Atlanta Braves Holdings, Inc owns and operates the Atlanta Braves, a Major League Baseball franchise based in Atlanta, Georgia. The organization generates revenue through baseball operations, including ticket sales, premium seating, concessions, sponsorships, advertising, broadcasting, licensing, merchandising and other game-day activities.

The Braves play at Truist Park, which opened in 2017 in Cobb County, Georgia. The company also owns and operates The Battery Atlanta, a mixed-use development adjacent to the ballpark that includes restaurants, retail stores, office space, residential properties, entertainment venues and hospitality offerings.

The franchise traces its history to 1871 and has represented Boston, Milwaukee and Atlanta during its history.