Craft Brewers Alliance (BREW) Tops Q4 EPS by 2c; Confirms 2016 Guidance

Craft Brewers Alliance (NASDAQ: BREW) reported Q4 EPS of $0.07, $0.02 better than the analyst estimate of $0.05. Revenue for the quarter came in at $52.86 million versus the consensus estimate of $50.91 million.

Confirms 2016 Guidance.

“I am proud of the results we delivered in 2015. Amidst a market that caught many off guard due to the unprecedented pace and scale of change, our diligence and focus enabled us to make steady forward progress and significantly improve the core health of our business for a second consecutive year,” said Andy Thomas, chief executive officer, CBA. “Looking ahead, we are eager to take what we learned in 2015 and use that enlightened focus to continue fine-tuning our strategy for long-term success. While the current challenges facing our industry show no signs of slowing down, we are more confident than ever in our unique strengths that combine a growing portfolio of heritage and leading local brands, national scale in brewing, supply chain and distribution, and an exceptional team of beer industry veterans and experts.”

For earnings history and earnings-related data on Craft Brewers Alliance (BREW) click here.

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