Boston Beer Company Inc expected to post earnings of $5.00 a share - Earnings Preview

Boston Beer

22/10/2024 15:14

* Boston Beer Company Inc  SAM.N   SAM  is expected to show
a rise
in quarterly revenue when it reports  results on October 24
(estimated) for the period ending September 30 2024
    * The Boston Massachusetts-based  company is expected to
report a
0.2% increase in revenue to $602.61 million from $601.6 million
a year ago, according to the mean estimate from 8 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Boston Beer Company Inc
is for
earnings of $5.00 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 8
"hold" and 3 "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 302.50​, above​ its last closing price
of $294.78. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  5.11        5.02       4.39      Missed  -12.5
 Jan. 1 2024   0.00        -0.01      1.04      Beat    12,137
 Dec. 31 2023  -0.61       -0.25      -1.49     Missed  -486​
 Sep. 30 2023  4.13        4.08       3.70      Missed  -9.3
 ​​Jan.        3.45        3.43       4.72      Beat    37.4
 1 0001                                                 
 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
 This summary was machine generated October 22 at 14:13 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)