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Wedbush Equities Analysts Lower Earnings Estimates for The Boston Beer Company, Inc. (NYSE:SAM)

The Boston Beer Company, Inc. (NYSE:SAM – Free Report) – Equities research analysts at Wedbush decreased their Q2 2024 EPS estimates for Boston Beer in a research note issued on Wednesday, February 28th. Wedbush analyst G. Pascarelli now anticipates that the company will earn $4.96 per share for the quarter, down from their prior forecast […]

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Boston Beer (NYSE:SAM) Given Sector Perform Rating at Royal Bank of Canada

Royal Bank of Canada reiterated their sector perform rating on shares of Boston Beer (NYSE:SAM – Free Report) in a research report released on Wednesday morning, Benzinga reports. The firm currently has a $337.00 price objective on the stock. A number of other equities analysts have also recently issued reports on the company. Sanford C. […]

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Boston Beer (NYSE:SAM) Price Target Lowered to $350.00 at Citigroup

Boston Beer (NYSE:SAM) Price Target Lowered to $350.00 at Citigroup
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Boston Beer (NYSE:SAM) Releases FY 2024 Earnings Guidance

Boston Beer (NYSE:SAM – Get Free Report) updated its FY 2024 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 7.000-11.000 for the period, compared to the consensus estimate of 11.390. The company issued revenue guidance of -. Boston Beer also updated its FY24 guidance to $7.00 to $11.00 EPS. Boston […]

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Why Boston Beer (SAM) Stock Is Trading Lower Today

Shares of beer company Boston Beer (NYSE:SAM) fell 15.8% in the morning session after the company reported fourth-quarter results with revenue, and EPS missing analysts' expectations. The topline growth continued to decrease in absolute terms, led by a 9% drop in Depletions (due to declines in Truly Hard Seltzer, partially offset by increases in Twisted Tea and growth in Samuel Adams Non-Alcoholic styles and Dogfish Head Canned cocktails) and a 12.2% drop in Shipments. Free cash flow also came i

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