Boston Beer Company Inc expected to post earnings of $4.08 a share - Earnings Preview

Boston Beer

24/10/2023 22:26

* Boston Beer Company Inc  SAM.N   SAM  is expected to show
a fall
in quarterly revenue when it reports  results on October 26. 
    * The Boston Massachusetts-based  company is expected to
report  a
0.5% decrease in revenue to $593.668 million from $596.45
million a year ago, according to the mean estimate from 7
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Boston Beer Company
Inc
is for earnings of $4.08 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 8
"hold" and 5 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Boston Beer
Company Inc is $340​, below​ its last closing price of $375.84.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  0.58        0.70       -0.93     Missed  -233.1
                                                        ​
 Sep. 30 2022  3.13        3.07       2.21      Missed  -27.9
 ​​Jun.        4.29        4.43       4.31      Missed  -2.8
 30 2022                                                
 Mar. 31 2022  1.94        1.97       -0.16     Missed  -108.1
                                                        ​
 Dec. 31 2021  -4.74       -3.23      -4.22     Missed  -30.8
 Sep. 30 2021  3.80        4.02       -1.87     Missed  -146.5
 This summary was machine generated October 24 at 21:26 GMT.  All
figures in US dollars  unless otherwise stated