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Boston Beer Company Inc reports results for the quarter ended June 30 - Earnings Summary

Boston Beer Company Inc SAM.N reported quarterly adjusted earnings of $5.45​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of $4.39.  The mean expectation of twelve analysts for the quarter was for earnings of $3.83 per share. Wall Street expected results to range from $2.75  to $4.84 per share.

Revenue rose 1.5% to $587.95 million from a year ago; analysts expected $588.69 million.

Boston Beer Company Inc's reported EPS for the quarter was $5.45​.

The company reported quarterly net income of $60.43 million.

Boston Beer Company Inc shares had risen by 8.9% this quarter and lost 30.7% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 13.3% in the last three months.​

In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 11 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the brewers peer group is also "hold"

Wall Street's median 12-month price target for Boston Beer Company Inc is $237.50, about 15% above its last closing price of $201.81

This summary was machine generated from LSEG data July 24 at 08:53 p.m. UTC. ​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)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20253.835.45Beat
Mar. 31 20250.552.16Beat
Dec. 31 2024-1.31-1.68Missed
Sep. 30 20244.985.35Beat

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