Boston Beer Reports Third Quarter 2015 Results

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CLSA Downgrades Boston Beer Company (SAM) to Outperform

October 30, 2015 8:33 AM EDT

CLSA downgraded Boston Beer Company (NYSE: SAM) from Buy to Outperform.

For an analyst ratings summary and ratings history on Boston Beer Company click here. For more ratings news on Boston Beer Company click here.

Shares of Boston Beer Company closed at $244.94 yesterday.

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Boston Beer Co. (SAM) Tops Q3 EPS by 16c; Guides FY In-Line

October 29, 2015 4:26 PM EDT

Boston Beer Co. (NYSE: SAM) reported Q3 EPS of $2.85, $0.16 better than the analyst estimate of $2.69. Revenue for the quarter came in at $293.1 million versus the consensus estimate of $288.03 million.

Boston Beer Co. sees FY2015 EPS of $7.00-$7.40, versus the consensus of $7.36.

Jim Koch, Chairman and Founder of the Company, commented, "Our total company depletion trends of 6%... More