Eagle Capital Growth Fund, Inc.
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Company profile

Eagle Capital Growth Fund, Inc.(the Fund) is a diversified closed-end investment company. The Fund's objective is long-term growth utilizing the concept of total return for selecting investments. The Fund’s investments consist of marketable securities, and primarily large capitalization companies. Sims Capital Management LLC is the Fund’s investment advisor.

Closing Price
Day's Change
-0.2495 (-2.41%)
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Sustainable jewelry company Brilliant Earth shares rally premarket after first earning as public company top estimates

7:00 am ET November 12, 2021 (MarketWatch)

Sustainable jewelry company Brilliant Earth Group Inc. shares (BRLT) jumped 7.6% in premarket trade Friday, after the company below past estimates in its first earnings report as a public company. The San Francisco-based Brilliant Earth posted net income of $4 million, or 1 cent a share for the third quarter, after net income of $8.0 million a year ago. Adjusted per-share earnings came to 9 cents, ahead of the 1 cent FactSet consensus. Sales rose 33% to $95.2 million from $71.4 million a year ago, also ahead of the $87.1 million FactSet consensus. The company went public in late September with the goal of making sustainable jewelry aimed at Gen Z and millennial customers. It is now expecting fiscal 2021 sales to total $366 million to $369 million, above the FactSet consensus for $357.2 million. Shares have gained 17% over their IPO issue price of $12.

-Ciara Linnane


(END) Dow Jones Newswires

November 12, 2021 07:00 ET (12:00 GMT)

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