UPDATE: Boston Beer Co. (SAM) Tops Q3 EPS by 54c, Offers Guidance

Boston Beer Co. (NYSE: SAM) reported Q3 EPS of $3.82, $0.54 better than the analyst estimate of $3.28. Revenue for the quarter came in at $596.5 million versus the consensus estimate of $569.18 million.

• GAAP diluted earnings per share of $2.21, including a non-cash impairment charge of $1.61 per share

Guidance:

• Boston Beer sees FY22 EPS of $7.00 to $10 vs the consensus of $8.33
• Gross Margin 42% to 43.5%

For earnings history and earnings-related data on Boston Beer Co. (SAM) click here.

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