CORRECTION: Boston Beer Co Q2 Adj. EPS $3.65 Misses $4.83 Estimate, Sales $568.338M Beat $567.419M Estimate
Boston Beer Co (NYSE:SAM) reported quarterly earnings of $3.65 per share which missed the analyst consensus estimate of $4.83 by 24.43 percent. This is a 33.03 percent decrease over earnings of $5.45 per share from the
Boston Beer made less profit per share than experts predicted, even though sales were slightly higher than expected. When a company's profits disappoint like this, it suggests their business faced unexpected costs or challenges, which is worth watching.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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