The Boston Beer Company, Inc.

SAM

US1005571070

Brewers

Real-time Estimate Cboe BZX Other stock markets 02:52:41 2024-05-07 pm EDT			5-day change	1st Jan Change
270.1 ^USD	+0.70%		-3.11%	-21.94%

Apr. 26	UBS Raises Boston Beer's Price Target to $355 From $340, Maintains Neutral Rating	MT
Apr. 25	Transcript : The Boston Beer Company, Inc., Q1 2024 Earnings Call, Apr 25, 2024

The Boston Beer Company, Inc. Reports Earnings Results for the First Quarter Ended March 30, 2024

April 25, 2024 at 04:21 pm EDT

The Boston Beer Company, Inc. reported earnings results for the first quarter ended March 30, 2024. For the first quarter, the company reported sales was USD 452.21 million compared to USD 435.16 million a year ago. Revenue was USD 426.05 million compared to USD 410 million a year ago.

Net income was USD 12.6 million compared to net loss of USD 8.96 million a year ago. Diluted earnings per share from continuing operations was USD 1.04 compared to diluted loss per share from continuing operations of USD 0.73 a year ago.

Latest news about The Boston Beer Company, Inc.

UBS Raises Boston Beer's Price Target to $355 From $340, Maintains Neutral Rating	Apr. 26	MT
Transcript : The Boston Beer Company, Inc., Q1 2024 Earnings Call, Apr 25, 2024	Apr. 25
Earnings Flash (SAM) BOSTON BEER COMPANY Posts Q1 Revenue $426.1M	Apr. 25	MT
Tranche Update on The Boston Beer Company, Inc.'s Equity Buyback Plan announced on March 24, 2000.	Apr. 25	CI
The Boston Beer Company, Inc. Reports Earnings Results for the First Quarter Ended March 30, 2024	Apr. 25	CI
The Boston Beer Company, Inc. Provides Earnings Guidance for the Year 2024	Apr. 25	CI
Citigroup Cuts Price Target on Boston Beer to $315 From $350, Maintains Neutral Rating	Apr. 16	MT
Deutsche Bank Adjusts Boston Beer Company Price Target to $264 From $293, Maintains Sell Rating	Apr. 15	MT
The Boston Beer Company, Inc.'s Cannabis-Infused Iced Tea Brand TeaPot Releases New 'Good Evening Iced Tea' in Blackberry Rooibos	Apr. 15	CI
Goldman Sachs Cuts Price Target on Boston Beer to $250 From $257, Keeps Sell Rating	Apr. 09	MT
Piper Sandler Initiates Coverage on Boston Beer With Overweight Rating, $350 Price Target	Mar. 22	MT
UBS Adjusts Boston Beer Price Target to $355 From $390, Maintains Neutral Rating	Feb. 28	MT
Boston Beer 2024 Outlook Disappoints with Delayed Margin Recovery Seen, Morgan Stanley Says; Price Target Cut	Feb. 28	MT
Deutsche Bank Cuts Boston Beer Price Target to $293 From $318, Maintains Sell Rating	Feb. 28	MT
Wedbush Lowers Boston Beer's PT to $340 From $378 After Lower-Than-Expected Q4 2023 Results, Keeps Neutral Rating	Feb. 28	MT
Morgan Stanley Cuts Price Target on Boston Beer to $275 From $285 Amid Q4 Miss, 'Well-Below Consensus' 2024 Guidance; Underweight Kept	Feb. 28	MT
North American Morning Briefing : Stock Futures Fall Ahead of Key Inflation Data	Feb. 28	DJ
Boston Beer Q4 Loss Widens, Revenue Falls; New CEO Named -- Shares Fall After-Hours	Feb. 27	MT
Transcript : The Boston Beer Company, Inc., Q4 2023 Earnings Call, Feb 27, 2024	Feb. 27
Earnings Flash (SAM) BOSTON BEER COMPANY Posts Q4 Revenue $393.7M	Feb. 27	MT
The Boston Beer Company, Inc. Reports Earnings Results for the Full Year Ended December 30, 2023	Feb. 27	CI
Boston Beer Company Guides For Full Year GAAP EPS of $7.00-$11.00	Feb. 27	MT
The Boston Beer Company, Inc. Announces CEO Changes	Feb. 27	CI
The Boston Beer Company, Inc. Announces Executive Changes	Feb. 27	CI
Tranche Update on The Boston Beer Company, Inc.'s Equity Buyback Plan announced on March 24, 2000.	Feb. 27	CI

Chart The Boston Beer Company, Inc.

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Company Profile

The Boston Beer Company, Inc. is engaged in the business of selling alcohol beverages throughout the United States and in selected international markets, under various trademarks. The trademarks include The Boston Beer Company, Twisted Tea Brewing Company, Hard Seltzer Beverage Company, Angry Orchard Cider Company, Dogfish Head Craft Brewery, Dogfish Head Distilling Co., Angel City Brewing Company, Coney Island Brewing Company, Green Rebel Brewing Co., and Truly Distilling Co. The Company produces alcohol beverages, including hard seltzer, flavored malt beverages, and hard cider at Company-owned breweries and its cidery and under contract arrangements at other brewery locations. The four primary Company-owned breweries are focused on production and research and development. It also owns four smaller local breweries that are mainly focused on brewing and packaging beers for retail sales on site at tap rooms and gift shops, and other. The Company sells its beverages in various packages.

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Brewers

Calendar

03:00pm - Annual General Meeting

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Ratings for The Boston Beer Company, Inc.

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Investor Rating

ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

268.2 USD

Average target price

322.1 USD

Spread / Average Target

+20.08%

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