Eastside Distilling, Inc. (EAST) Misses Q4 EPS by 10c, Revenues Miss

Eastside Distilling, Inc. (NASDAQ: EAST) reported Q4 EPS of ($0.24), $0.10 worse than the analyst estimate of ($0.14). Revenue for the quarter came in at $3.54 million versus the consensus estimate of $4.29 million.

"The results for the fourth quarter reflect the continued path to improve the operating performance of the Company, building a sustainable growth strategy that capitalizes on the fast-growing craft spirits and canning businesses," said Paul Block, Eastside's CEO. "Despite the COVID pandemic, we navigated a very challenging year. As we continue to bring leadership, strategy, and strong tactical execution to Eastside, we believe we can capture a disproportionate share of market and continue to accelerate topline growth."

For earnings history and earnings-related data on Eastside Distilling, Inc. (EAST) click here.

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