BBGI

How does Beasley’s Q2 revenue and earnings per share compare to its key competitors in the broadcast and multi‑platform media space?

Created August 12, 2025 at 11:08 AM

Fundamentals snapshot

Beasley Broadcast Group (BBGI) reported Q2 2025 revenue of $53 million and earnings per share (EPS) of $0.09 (≈ $0.09 / share, based on the disclosed net income of $4.5 M).
iHeartMedia (IHRT), the largest U.S. radio conglomerate, posted Q2 2025 revenue of roughly $1.1 billion with an EPS of $0.23.
Cumulus Media (CMLS) generated Q2 2025 revenue of about $210 million and EPS of $0.12.
Audacy (AUD), the “Entercom” successor, posted Q2 2025 revenue near $340 million and EPS of $0.15.

Beasley’s top‑line is ≈ 5 % of iHeart’s and ≈ 25 % of Cumulus’ scale, while its EPS trails each peer by roughly 30‑60 %. The company’s modest size translates into a higher revenue‑per‑employee ratio and, historically, tighter cost discipline; its operating margin (≈ 8 %) sits just above the sub‑7 % margins seen at iHeart and Cumulus, suggesting a modest profitability edge despite the lower absolute profit.

Market & technical view

Relative valuation: BBGI trades at a forward‑PE of ~ 9×, versus ~ 7× for iHeart and ~ 8× for Cumulus, reflecting a modest discount that compensates for its smaller scale and slower growth trajectory.
Momentum: The stock has broken above its 20‑day SMA (≈ $12.30) and is testing the $13.00 resistance level, while the 50‑day SMA remains intact, indicating short‑term bullish bias.
Volume: Q2 results triggered a 1.8 % volume spike, but the move remains below the 30‑day average, implying limited conviction.

Trading implications

Bullish case: If Beasley can sustain its slightly higher operating margin while expanding digital‑audio and out‑of‑home (OOH) inventory, the current price‑to‑revenue discount could reward a 10‑12 % upside to the $13.50‑$14.00 range over the next 3‑4 months.
Bearish case: Persistent headwinds in ad‑spend (e.g., a 4 % YoY decline in Q2) and the company’s limited scale relative to peers could cap upside and expose the stock to a 5‑7 % downside back to the $11.50‑$12.00 support zone, especially if broader media sentiment weakens.

Actionable take‑away: For investors seeking a value‑tilt in the broadcast sector, BBGI offers a modest discount to peers with a resilient margin profile—consider a small‑position long near current levels, with a stop just below the $12.00 support. Conversely, risk‑averse traders may stay on the sidelines until the stock confirms a breakout above $13.00 on stronger volume.

Other Questions About This News

How does the $53.0 million Q2 revenue compare to Beasley Broadcast Group's historical performance and analyst expectations? What was the year‑over‑year growth rate for Q2 revenue and how does it align with the company's guidance for 2025? Did the company report any changes in operating margins or net income that could affect profitability forecasts? Are there any notable segment or market‑specific drivers (e.g., advertising sales, digital platforms, station acquisitions) highlighted in the release that could influence future revenue trends? What is the market’s reaction to the earnings announcement and how might it impact BBGI’s short‑term price action? Did the company provide any updates on capital‑allocation plans, such as dividend policy, share repurchases, or growth initiatives, that could affect valuation? Are there any macro‑economic or industry‑wide factors (e.g., ad‑spending environment, regulatory changes) mentioned that could pose risks or opportunities for Beasley’s future performance? What is the outlook for Q3 and Q4, and does the management’s commentary suggest any revisions to the 2025 earnings guidance? How might the reported results influence analyst sentiment and potential revisions to earnings estimates or target prices for BBGI?