Boston Beer Company Inc reports results for the quarter ended December 31 - Earnings Summary

Reuters
02-26
Boston Beer Company Inc reports results for the quarter ended December 31 - Earnings Summary
  • Boston Beer Company Inc SAM.N reported a quarterly adjusted loss of $1.68​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of $-1.49. The mean expectation of twelve analysts for the quarter was for a loss of $1.31 per share. Wall Street expected results to range from $-1.93 to 14 cents per share.

  • Revenue rose 2.2% to $402.30 million from a year ago; analysts expected $389.18 million.

  • Boston Beer Company Inc's reported EPS for the quarter was a loss of $3.38​.

  • The company reported a quarterly loss of $38.76 million.

  • Boston Beer Company Inc shares had fallen by 22.1% this quarter.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 7.5% in the last three months.​

  • In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 12 "hold" and 2 "sell" or "strong sell."

  • The average consensus recommendation for the brewers peer group is also "hold"

Wall Street's median 12-month price target for Boston Beer Company Inc is $292.50

This summary was machine generated from LSEG data February 26 at 12:54 a.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

-1.31

-1.68

Missed

Sep. 30 2024

4.98

5.35

Beat

Jun. 30 2024

5.02

4.39

Missed

Mar. 31 2024

-0.01

1.04

Beat

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