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

Beeline Holdings

15/08/2023 03:07

* Eastside Distilling Inc  EAST.OQ  reported a quarterly
adjusted
loss of $1.96​​ per share for the quarter ended in June. The
lone analyst forecast for the quarter was for a loss of $1.25
per share.
    * Revenue fell 45.2% to $2.66 million from a year ago;
analysts
expected $6.26 million. 
    * Eastside Distilling Inc's reported EPS for the quarter was
a
loss of $1.96​.
    * 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 6.5% this
quarter and lost 34.0% so far this year.
    * The company reported a quarterly loss of $1.68 million.
    * Wall Street's median 12-month price target for Eastside
Distilling Inc is $18.00 
    * 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
August 15 at 02:07 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -1.25          -1.96          Missed
 Mar. 31 2023      -2.40          -2.00          Beat
 Dec. 31 2022      -3.40          -12.40         Missed
 Sep. 30 2022      -3.80          -3.60          Beat