The Boston Beer Company Inc. (SAM – Analyst Report) released their fourth quarter fiscal 2015 earnings results, posting earnings of $1.21 per share and revenue of $215.1 million.
Currently, SAM has a Zacks Rank #4 (Sell), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below.
Boston Beer:
Beat earnings estimates. The company posted $1.21, beating our Zacks Consensus Estimate of $1.11.
Missed revenue estimates. The company saw revenue figures of $215.1, missing our estimate of $218 million.
Net income decreased by $3 million or $0.19 per diluted share from the fourth quarter of 2014. This decrease was primarily due to the decrease in net revenue and increases in advertising, promotional and selling expenses that were only partially offset by increased gross margin.
“We believe we have lost share, as new craft brewers enter the market and more existing craft brewers are expanding their regional distribution, with the result that drinkers are seeing more choices, including a wave of new beers in all markets,” said Jim Koch, Chairman and Founder of the company.
SAM was down $0.66, or 0.36%, to $183.77 as of 5:00 PM ET in after hours trading shortly after its earnings report was released.
Here’s a graph that looks at Boston Beer’s recent earnings history:
The Boston Beer Company Inc. (SAM – Analyst Report) Street Actual & Estimate EPS – Last 5 Quarters | FindTheCompany
The Boston Beer Company, Inc. produces beer, malt beverages, and cider products under the Samuel Adams brand name at Company-owned breweries and through contracts. Their beer products are primarily positioned in the Better Beer category of the beer industry, which includes craft beers and most imports sold at premium prices. Boston Beer Co. was founded in 1984 and is based in Boston, Massachusetts.
Leave A Comment