Eastside Distilling Inc expected to post a loss of $1.25 a share - Earnings Preview

Beeline Holdings

12/08/2023 03:04

* Eastside Distilling Inc  EAST.OQ   EAST.O  is expected
to show a
rise in quarterly revenue when it reports  results on August
14. 
    * The Portland Oregon-based  company is expected to report 
a
28.8% increase in revenue to $6.255 million from $4.86 million a
year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Eastside Distilling
Inc
is for a loss of $1.25 per share. 
    * The one available analyst rating on the shares is "buy".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Eastside
Distilling Inc is $18​, above​ its last closing price of $3.02.
​​​

This summary was machine generated August 12 at 02:04 GMT.  All
figures in US dollars  unless otherwise stated