Eastside Distilling Inc reports results for the quarter ended in December - Earnings Summary

Beeline Holdings

31/03/2023 22:01

* Eastside Distilling Inc  EAST.OQ  reported a quarterly
adjusted
loss of 62 cents​​ per share for the quarter ended in December.
The lone analyst forecast for the quarter was for a loss of 17
cents per share.
    * Revenue fell 16.1% to $2.31 million from a year ago;
analysts
expected $3.66 million. 
    * Eastside Distilling Inc's reported EPS for the quarter was
a
loss of 62 cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Eastside Distilling Inc shares had risen by 7.5% this
quarter.
    * The company reported a quarterly loss of $9.75 million.
    * Wall Street's median 12-month price target for Eastside
Distilling Inc is $1.75 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
March 31 at 09:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.17          -0.62          Missed
 Sep. 30 2022      -0.19          -0.18          Beat
 Jun. 30 2022      -0.17          -0.12          Beat
 Mar. 31 2022      -0.18          -0.14          Beat