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On Tuesday, New Age Beverages (NASDAQ:NBEV) will release its latest earnings report. Check out Benzinga's report to understand the earnings report's implications.
Earnings and Revenue
Wall Street analysts see New Age Beverages reporting a quarterly loss of 2 cents per share on sales of $17.22 million.
New Age Beverages reported a profit of 8 cents when it published results during the same quarter last year. Sales in that period totaled $15.1 million. Revenue would be up 14 percent from the same quarter last year. Here's how the company's reported EPS has stacked up against analyst estimates in the past:
| Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
| EPS Estimate | -0.04 | 0.04 | 0.05 | |
| EPS Actual | -0.07 | -0.16 | -0.02 | 0.08 |
Stock Performance
Over the last 52-week period, shares are down 63.41 percent. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release. Over the past 90 days, analysts have generally adjusted their estimates lower for EPS and revenues. Analysts generally rate New Age Beverages stock as Buy. The strength of this rating has risen over the past three months.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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