Boston Beer
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Boston Beer's revenues will expand 13.6% and EPS will expand 12.6%.
The average estimate for revenue is $153.2 million. On the bottom line, the average EPS estimate is $1.34.
Revenue details
Last quarter, Boston Beer notched revenue of $147.5 million. GAAP reported sales were 10% higher than the prior-year quarter's $134.0 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
EPS details
Last quarter, EPS came in at $1.06. GAAP EPS of $1.06 for Q2 were 47% lower than the prior-year quarter's $2.01 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
Recent performance
For the preceding quarter, gross margin was 54.5%, 230 basis points worse than the prior-year quarter. Operating margin was 15.9%, 230 basis points worse than the prior-year quarter. Net margin was 9.7%, 1,120 basis points worse than the prior-year quarter.
Looking ahead
The full year's average estimate for revenue is $561.3 million. The average EPS estimate is $4.15.
Investor sentiment
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Boston Beer is hold, with an average price target of $107.57.
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