Boston Beer Reports Fourth Quarter 2015 Results
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Go back to Boston Beer Reports Fourth Quarter 2015 Results
February 19, 2016 9:53 AM EST
Jefferies analyst, Kevin Grundy, is cautious on Boston Beer Company (NYSE: SAM) after another guide down. PT drops to $182, no change to the Hold rating.
SAM's 4Q revs were -3.9% below Street est. on -3% depletion declines (+5% 2-yr avg.) as weakness in the core Sam Adams brand and Angry Orchard persisted. Emblematic of SAM's troubling 2015 (and start to '16), the co. delivered 4% depletions growth in... More
February 18, 2016 4:18 PM EST
Boston Beer Co. (NYSE: SAM) reported Q4 EPS of $1.21, $0.08 better than the analyst estimate of $1.13. Revenue for the quarter came in at $229.8 million versus the consensus estimate of $224.18 million.
GUIDANCE:
Boston Beer Co. sees FY2016 EPS of $7.60-$8.00, versus the... More
