Eastside Distilling Inc expected to post a loss of 18  cents a share - Earnings Preview

Beeline Holdings

14/05/2022 02:20

* Eastside Distilling Inc  EAST.OQ   EAST.O  is expected
to show a
fall in quarterly revenue when it reports  results on May 16. 
    * The Portland Oregon-based  company is expected to report 
a
10.3% decrease in revenue to $2.75 million from $3.07 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 18 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * The average consensus recommendation for the distillers &
wineries peer group is also "Buy".​
    * Wall Street's median 12-month price target for Eastside
Distilling Inc is $2.3​, above​ its last closing price of $0.75.
​​​

This summary was machine generated May 14 at 01:20 GMT.  All
figures in US dollars  unless otherwise stated