Boston Beer Co. (SAM) Misses Q1 EPS by $2.13, Offers Guidance

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Go back to Boston Beer Co. (SAM) Misses Q1 EPS by $2.13, Offers Guidance

Boston Beer Shares Down 3% on Q1 Earnings Miss

April 21, 2022 5:09 PM EDT

Boston Beer Co. (NYSE: SAM) shares were trading more than 3% lower after-hours following the companys reported Q1 results, with earnings per share coming in at ($0.16), significantly missing the consensus estimate of $1.97. Revenue declined 21.1% year-over-year to $430.1 million, compared to the consensus estimate of $444.77 million.

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