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

Beeline Holdings

14/11/2022 22:02

* Eastside Distilling Inc  EAST.OQ  reported a quarterly
adjusted
loss of 18 cents​​ per share for the quarter ended in September.
The lone analyst forecast for the quarter was for a loss of 19
cents per share.
    * Revenue fell 65.2% to $1.10 million from a year ago;
analysts
expected $3.41 million. 
    * Eastside Distilling Inc's reported EPS for the quarter was
a
loss of 18 cents​.
    * The mean earnings estimate of analysts had fallen by
about 11.8%
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 1.4% this
quarter and lost 84.7% so far this year.
    * The company reported a quarterly loss of $2.77 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 Refinitiv data November
14 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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