Eastside Distilling Inc expected to post a loss of 90 cents a share - Earnings Preview

Beeline Holdings

29/03/2024 20:23

* Eastside Distilling Inc  EAST.OQ   EAST.O  is expected
to show a
rise in quarterly revenue when it reports  results on April 1
for the period ending December 31 2023
    * The Portland Oregon-based  company is expected to report a
59.5% increase in revenue to $3.682 million from $2.31 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 90 cents 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 $5.00​, above​ its last closing price
of $0.99. ​​​

This summary was machine generated March 29 at 20:23 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)