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

Beeline Holdings

11/08/2022 23:37

* Eastside Distilling Inc  EAST.OQ  reported quarterly
adjusted
earnings of 12 cents​​ per share for the quarter ended in June.
The lone analyst forecast for the quarter was for a loss of 17
cents per share.
    * Revenue rose 43.6% to $4.86 million from a year ago;
analysts
expected $3.32 million. 
    * Eastside Distilling Inc's reported EPS for the quarter was
a
loss of 12 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 fallen by 1.3% this
quarter and lost 62.0% so far this year.
    * The company reported a quarterly loss of $1.82 million.
    * Wall Street's median 12-month price target for Eastside
Distilling Inc is $2.85 
    * 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 Refinitiv data August 11
at 10:37 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      -0.17          0.12           Beat
 Mar. 31 2022      -0.18          -0.14          Beat