Eastside Distilling (EAST) to Release Earnings on Monday

Eastside Distilling (NASDAQ:EAST) will be releasing its earnings data before the market opens on Monday, May 13th. Analysts expect Eastside Distilling to post earnings of ($0.18) per share for the quarter.

Eastside Distilling (NASDAQ:EAST) last released its quarterly earnings data on Thursday, March 28th. The company reported ($0.42) EPS for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.19). Eastside Distilling had a negative net margin of 147.77% and a negative return on equity of 88.22%. The business had revenue of $1.89 million during the quarter, compared to analysts’ expectations of $2.00 million. On average, analysts expect Eastside Distilling to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Shares of EAST traded up $0.07 during mid-day trading on Thursday, reaching $5.71. The company’s stock had a trading volume of 12,056 shares, compared to its average volume of 34,456. Eastside Distilling has a 12-month low of $5.48 and a 12-month high of $9.25. The company has a market cap of $51.34 million, a P/E ratio of -3.83 and a beta of 0.32. The company has a debt-to-equity ratio of 0.16, a quick ratio of 5.26 and a current ratio of 9.90.

Separately, ValuEngine downgraded Eastside Distilling from a “buy” rating to a “hold” rating in a research note on Thursday, February 28th.

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Eastside Distilling Company Profile

Eastside Distilling, Inc develops, manufactures, produces, and markets hand-crafted spirits in the United States. The company offers bourbon under the Burnside West End Blend, Burnside Oregon Oaked Bourbon, and Burnside Goose Hollow RSV Bourbon brand names; premium whiskey under the Barrel Hitch American Whiskey brand names; distinctive whiskey under the Cherry Bomb Whiskey and Marionberry Whiskey brand names; rum under the Below Deck Silver Rum, Below Deck Spiced Rum, Below Deck Coffee Rum, and Below Deck Ginger Rum brand names; and vodka under the Portland Potato Vodka brand name.

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Earnings History for Eastside Distilling (NASDAQ:EAST)

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