Eastside Reports Fourth Quarter and Fiscal Year 2019 Financial Results

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Eastside Distilling, Inc. (EAST) Misses Q4 EPS by 52c, Revenues Beat

March 30, 2020 4:20 PM EDT

Eastside Distilling, Inc. (NASDAQ: EAST) reported Q4 EPS of ($0.78), $0.52 worse than the analyst estimate of ($0.26). Revenue for the quarter came in at $4.34 million versus the consensus estimate of $3.71 million.

Management Commentary

"In 2020, our focus is on transforming Eastside Distilling from a company with one primary lead product, Redneck Riviera Whiskey, to a 'House of Brands' that leverages our national distribution capabilities to also distribute our recently acquired Azuñia Tequila, as well as our Burnside Bourbon and... More