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

Beeline Holdings

16/05/2022 23:37

* Eastside Distilling Inc  EAST.OQ  reported a quarterly
adjusted
loss of 14 cents​​ per share for the quarter ended in March. The
lone analyst forecast for the quarter was for a loss of 18 cents
per share.
    * Revenue rose 21.9% to $3.74 million from a year ago; 
analysts
expected $2.75 million. 
    * Eastside Distilling Inc's reported EPS for the quarter was
a
loss of 14 cents​.
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Eastside Distilling Inc shares had fallen by 21.7% this
quarter and lost 58.1% so far this year.
    * The company reported a quarterly loss of $2.07 million.
    * Wall Street's median 12-month price target for Eastside
Distilling Inc is $2.30 
    * 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 May 16 at 10:36 p.m.  ​All
figures in US dollars unless otherwise stated