Eastside Distilling Inc expected to post a loss of 82 cents a share - Earnings Preview

Beeline Holdings

12/08/2024 22:39

* Eastside Distilling Inc  EAST.OQ   EAST.O  is expected
to show a
fall in quarterly revenue when it reports  results on August 14
for the period ending June 30 2024
    * The Portland Oregon-based  company is expected to report a
3.2% decrease in revenue to $2.576 million from $2.66 million a
year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​LSEG's mean analyst estimate for Eastside Distilling Inc
is for
a loss of 82 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 $3.50​, above​ its last closing price
of $0.76. ​​​

This summary was machine generated August 12 at 21:39 GMT.  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)