Boston Beer Co SAM unveils its next round of earnings this Thursday, July 22. Get prepared with Benzinga's ultimate preview for Boston Beer Co's Q2 earnings.
What Are Earnings, Net Income, And Earnings Per Share?
Earnings and especially earnings per share (EPS) are useful measures of a company's profitability. Total earnings, which is also referred to as net income, equals total revenue minus total expenses. EPS equals to net income divided by the number of shares outstanding.
Earnings And Revenue
Boston Beer Co EPS will likely be near $6.85 while revenue will be around $665.25 million, according to analysts. Boston Beer Co reported a per-share profit of $4.88 when it published results during the same quarter last year. Sales in that period totaled $452.14 million.
What Are Analyst Estimates And Earnings Surprises, And Why Do They Matter?
Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.
The Wall Street consensus estimate for earnings would represent a 40.37% increase for the company. Revenue would be up 47.13% from the year-ago period. Here is how the company's EPS has stacked up against analyst estimates in the past:
Quarter | Q1 2021 | Q4 2020 | Q3 2020 | Q2 2020 |
---|---|---|---|---|
EPS Estimate | 2.60 | 2.62 | 4.50 | 2.42 |
EPS Actual | 5.26 | 2.64 | 6.51 | 4.88 |
Revenue Estimate | 477.28 M | 453.24 M | 520.87 M | 429.58 M |
Revenue Actual | 545.08 M | 460.94 M | 492.79 M | 452.14 M |
Want Real-Time Earnings Calendar Updates?
Benzinga consistently updates its earnings calendars to stay up-to-date with the latest company earnings reports. Check out the full earnings calendar list updated in real-time by following this link.
Stock Performance
Over the last 52-week period, shares are up 44.11%. Given that these returns are generally positive, long-term shareholders can relax going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Do not be surprised to see the stock move on comments made during its conference call. Boston Beer Co is scheduled to hold the call at 17:00:00 ET and can be accessed here.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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