Boston Beer Company Inc expected to post breakeven results a share - Earnings Preview

Boston Beer

23/04/2024 21:29

* Boston Beer Company Inc  SAM.N   SAM  is expected to show
a rise
in quarterly revenue when it reports  results on April 25 for
the period ending March 31 2024
    * The Boston Massachusetts-based  company is expected to
report a
0.9% increase in revenue to $413.539 million from $410 million a
year ago, according to the mean estimate from 9 analysts, based
on LSEG data.
    * ​LSEG's mean analyst estimate for Boston Beer Company Inc
is for
breakeven results per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 8
"hold" and 5 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 14.0%
in the last three months. ​
    * Wall Street's median 12-month price target for Boston Beer
Company Inc is $319.00​, above​ its last closing price
of $289.18. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  -0.61       -0.25      -1.49     Missed  -486
 Sep. 30 2023  4.13        4.08       3.70      Missed  -9.3
 Jun. 30 2023  3.45        3.43       4.72      Beat    37.4​
 Mar. 31 2023  -0.31       -0.31      -0.73     Missed  -138.6
 ​​Dec.        0.58        0.70       -0.93     Missed  -233.1
 31 2022                                                
 Sep. 30 2022  3.13        3.07       2.21      Missed  -27.9​
 Jun. 30 2022  4.29        4.43       4.31      Missed  -2.8
 Mar. 31 2022  1.94        1.97       -0.16     Missed  -108.1
 This summary was machine generated April 23 at 20:29 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)