Eastside Distilling (EAST) Set to Announce Earnings on Monday

Eastside Distilling (NASDAQ:EAST) is set to announce its earnings results after the market closes on Monday, May 13th. Analysts expect the company to announce earnings of ($0.22) per share for the quarter. Parties interested in participating in the company’s conference call can do so using this link.

Eastside Distilling (NASDAQ:EAST) last released its earnings results on Monday, April 1st. The company reported ($1.16) EPS for the quarter. The firm had revenue of $2.00 million during the quarter, compared to analysts’ expectations of $3.68 million. On average, analysts expect Eastside Distilling to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Eastside Distilling Price Performance

Shares of EAST stock opened at $1.63 on Friday. Eastside Distilling has a 52-week low of $0.84 and a 52-week high of $8.22. The firm has a market capitalization of $2.79 million, a P/E ratio of -0.30 and a beta of 1.72. The stock has a 50 day moving average price of $1.07 and a 200 day moving average price of $1.13. The company has a debt-to-equity ratio of 3.17, a quick ratio of 0.32 and a current ratio of 1.08.

Analysts Set New Price Targets

Separately, Roth Mkm reduced their price target on shares of Eastside Distilling from $5.00 to $3.50 and set a “buy” rating on the stock in a research note on Monday, April 8th.

Eastside Distilling Company Profile

Eastside Distilling, Inc manufactures, acquires, blends, bottles, imports, exports, markets, and sells various alcoholic beverages. It operates through two segments, Spirits and Craft Canning + Printing. The company provides whiskey under the Burnside Whiskey brand; vodka under the Portland Potato Vodka brand; rum under the Hue-Hue Coffee Rum brand; and tequila under the Azuñia Tequila brand.