Beam, Inc. (BEAM) Tops Q1 EPS by 20c, provides outlook

Beam, Inc. (NASDAQ: BEAM) reported Q1 EPS of ($1.21), $0.20 better than the analyst estimate of ($1.41). Revenue for the quarter came in at $7.41 million versus the consensus estimate of $16.97 million.

Outlook:
Beam expects that its cash, cash equivalents and marketable securities as of March 31, 2024, will enable the company to fund its anticipated operating expenses and capital expenditure requirements into 2027.

For earnings history and earnings-related data on Beam, Inc. (BEAM) click here.

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