Will Boston Beer's Earnings Taste Good?

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Shares of Boston Beer Co Inc SAM are down about 2 percent on Wednesday afternoon, in anticipation of the company’s first quarter earnings report after the market closes.

Estimize shows a slight difference between the crowd and experts’ expectations. Wall Street analysts model consensus EPS of $0.69 on revenue of $206.8 million, while Main Street projects consensus EPS of $0.71 on revenue of $207.21 million.

Beyond this gap, both expect the company to deliver some year-over-year growth, since earnings for the first quarter of 2014 came in at $0.62 per share.

The graph below illustrates the history of Boston Beer Co’s actual earnings versus estimates.

It is also possible to check out how sentiment has changed over the quarter.

As evidenced by the chart above, Wall Street analysts have become less constructive on Boston Beer’s results as the earnings date came closer. The crowd’s consensus estimate oscillated between $0.71 and $0.73, and finally settled at the low end of the range.

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Posted In: PreviewsTrading IdeasBrewers AssociationEstimizeJefferies
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