Boston Beer Reports Third Quarter Financial Results

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Go back to Boston Beer Reports Third Quarter Financial Results

Boston Beer Company (SAM) PT Raised to $250 at CFRA

October 25, 2024 6:23 AM EDT

CFRA analyst Garrett Nelson raised the price target on Boston Beer Company (NYSE: SAM) to $250.00 (from $230.00) while maintaining a Sell rating.

The analyst comments "We raise our 12-month target by $20 to $250, representing a 2025 P/E of 26.3x, a discount to historic averages... More

Boston Beer Co. (SAM) Tops Q3 EPS by 32c

October 24, 2024 4:18 PM EDT

Boston Beer Co. (NYSE: SAM) reported Q3 EPS of $5.35, $0.32 better than the analyst estimate of $5.03. Revenue for the quarter came in at $605.5 million versus the consensus estimate of $605.14 million.

GUIDANCE:

Boston Beer Co. sees FY2024 EPS of $8.00-$10.00, versus the... More