JUMP REPORT
BOSTON BEER (SAM)
EARNINGS RELEASE - JULY 23 (AMC)
EARNINGS EXPECTATIONS:
THIS QTR: EPS: 2.42/share REV: 429.58/M
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LAST QTR: EPS: 1.82/share ACTUAL: 1.60 /share (MISS)
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NEXT QTR: EPS: 4.19/share REV: 481.86/M
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FULL YR: EPS: 8.92/Share REV: 1,590/M
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BEAT/MISS RECORD: 56% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -7.40, -9.32, -4.68
EXPECTED JUMP MOVE THIS QUARTER: 8-10%
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*** With market volatility at extremes there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before trading
Links To Latest News and Headlines
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Jefferies analyst Kevin Grundy downgraded Boston Beer Company Inc (NYSE: SAM) from Hold to Underperform and lowered the price target from $331 to $275. The analyst said SAM’s top-line recovery remains largely tethered to stabilization in malt-based seltzers (< 45% of mix), where the blistering '19-20 growth rates are long gone given difficult Y/Y comps, RTD competition, on-premise recovery, consumer fatigue, and higher consumer trial some five years into category's development. The analyst forec
Jefferies analyst Kevin Grundy downgraded both Boston Beer and National Beverage to Underperform from Hold, concerned about the outlook for their carbonated beverages.
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Avg Daily Volume: 164,567 Market Cap: 7.23B Sector: Consumer Goods Short Interest: 19.48 |
Ticker delayed 20 minutes
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