Boston Omaha Corp Cl A Down 7.71% To $15.20 After Earnings Miss

Boston Omaha Corp Cl A (BOC) said after close Wednesday that it lost $0.12 per share in quarter four 2023.

On the revenue line, the company reported $24.7 million, missing estimates by $277 thousand.

In the same quarter a year ago, the company earned $0.13 per share on revenue of $22.6 million.

The stock is down 7.71% to $15.20 after the report.

Despite revenues increasing, earnings decreased, signaling a decline in profit margins.

The average recommendation from Wall Street analysts was a Strong Buy which may get revised based on this new data.

InvestorsObserver gives the stock a Neutral Sentiment score at the moment based on recent trading.

Prior to the report, InvestorsObserver gave the stock an overall score of 43. Meanwhile, the average Wall Street analyst rated the stock a Strong Buy.

BOSTON OMAHA Corp is registered with the U.S. Security and Exchange Commission and incorporated in the state of Delaware. BOSTON OMAHA Corp is primarely in the business of real estate operators (no developers) & lessors. For financial reporting, their fiscal year ends on December 31st. This page includes all SEC registration details as well as a list of all documents (S-1, Prospectus, Current Reports, 8-K, 10K, Annual Reports) filed by BOSTON OMAHA Corp. Boston Omaha Corp is a US based company which invest in real estate. Its operations include its ownership of multiple billboards in Florida, Georgia, Wisconsin, and Alabama and equity method investments in several real estate companies. The company operate three separate lines of business, outdoor billboards, surety insurance and related brokerage activities and investments in real estate management and related activities. The company generates the majority of the revenue from billboard rentals.