Eastside Distilling (EAST) Set to Announce Quarterly Earnings on Thursday

Eastside Distilling (NASDAQ:EAST) is scheduled to be announcing its earnings results after the market closes on Thursday, November 14th. Analysts expect the company to announce earnings of ($0.24) per share for the quarter.

Eastside Distilling (NASDAQ:EAST) last issued its quarterly earnings data on Wednesday, August 14th. The company reported ($0.32) EPS for the quarter, missing analysts’ consensus estimates of ($0.20) by ($0.12). The firm had revenue of $3.90 million for the quarter, compared to analyst estimates of $4.26 million. Eastside Distilling had a negative return on equity of 72.28% and a negative net margin of 108.78%. On average, analysts expect Eastside Distilling to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Shares of NASDAQ EAST traded down $0.10 during midday trading on Tuesday, reaching $3.89. 13,364 shares of the stock were exchanged, compared to its average volume of 24,257. The firm has a market cap of $36.56 million, a price-to-earnings ratio of -2.61 and a beta of 0.39. Eastside Distilling has a twelve month low of $3.32 and a twelve month high of $8.06. The firm has a 50-day simple moving average of $4.58 and a two-hundred day simple moving average of $4.69. The company has a quick ratio of 1.10, a current ratio of 4.67 and a debt-to-equity ratio of 0.23.

Separately, ValuEngine raised shares of Eastside Distilling from a “hold” rating to a “buy” rating in a research note on Wednesday, October 2nd.

About Eastside Distilling

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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