Boston Beer Reports Second Quarter 2015 Results
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Jefferies Cuts Price Target on Boston Beer Co. (SAM) Following a 28c EPS Beat
July 31, 2015 10:19 AM EDTJefferies maintained a Buy rating on Boston Beer Company (NYSE: SAM), and cut the price target to $256.00 (from $295.00), following 2Q results. SAM's 2Q EPS of $2.21 came in well ahead of the Street's $1.93. .SAM's 2Q revenues were in-line with Street estimate. SAM now expects... More
Boston Beer Co. (SAM) Tops Q2 EPS by 26c; Maintains Outlook
July 30, 2015 4:21 PM EDTBoston Beer Co. (NYSE: SAM) reported Q2 EPS of $2.18, $0.26 better than the analyst estimate of $1.92. Revenue for the quarter came in at $252.2 million versus the consensus estimate of $252.12 million.
Boston Beer Co. maintained FY2015 EPS of $7.10-$7.50, versus the consensus of $7.47.
Jim Koch, Chairman and Founder of the Company, commented, "Our total company depletion trends of 6% in the second... More
