Higher Expenses Can’t Deter Q1 Beasley Boost

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With its stock at closing prices last seen three years ago, a strongĀ Beasley Broadcast GroupĀ first-quarter earnings performance was viewed by some as a potential catalyst for bringing the radio company’s shares back toward its 1-year target estimate of $6.


Perhaps now is a good time to invest in a potential bargain stock.

The lone blemish seen in Beasley’s Q1 2019 earnings, released early Monday morning (4/29), was this: Free Cash Flow plummeted and shifted to a loss, thanks to ballooning expenses.

Otherwise, it was a strong Q1 for the company, which swung from a quarterly net loss in 2018.

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