Recap: Eastside Distilling Q3 Earnings

Shares of Eastside Distilling EAST rose 9.9% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share increased 55.26% year over year to ($0.17), which beat the estimate of ($0.20).

Revenue of $4,825,000 rose by 1.64% from the same period last year, which beat the estimate of $4,040,000.

Looking Ahead

Eastside Distilling hasn't issued any earnings guidance for the time being.

Eastside Distilling hasn't issued any revenue guidance for the time being.

How To Listen To The Conference Call

Date: Nov 12, 2020

Time: 05:00 PM

ET Webcast URL: https://www.webcaster4.com/Webcast/Page/1518/38805

Price Action

Company's 52-week high was at $4.00

Company's 52-week low was at $0.92

Price action over last quarter: Up 34.37%

Company Overview

Eastside Distilling Inc is a producer and marketer of craft spirits. Its product line includes Barrel Hitch American Whiskies, Burnside Bourbon, Below Deck Rums, Portland Potato Vodka, and a distinctive line of infused whiskeys. The company distributes its products in more than 20 states of the USA and is authorized to distribute its products in Idaho and Ontario, Canada as well.