CLSA Downgrades Boston Beer Company (SAM) to Outperform
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Boston Beer Co. (SAM) Tops Q3 EPS by 16c; Guides FY In-Line
October 29, 2015 4:26 PM EDTBoston Beer Co. (NYSE: SAM) reported Q3 EPS of $2.85, $0.16 better than the analyst estimate of $2.69. Revenue for the quarter came in at $293.1 million versus the consensus estimate of $288.03 million.
Boston Beer Co. sees FY2015 EPS of $7.00-$7.40, versus the consensus of $7.36.
Jim Koch, Chairman and Founder of the Company, commented, "Our total company depletion trends of 6%... More
