Eastside Distilling, Inc. (NASDAQ:EAST) is set to announce second quarter earning results on Thursday 13th August 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, EAST to report 2Q20 loss of $ 0.25 per share.
For the full year, analysts anticipate top line of $ 16.75 million, while looking forward to loss of $ 0.98 per share bottom line.
Previous Quarter Performance
Eastside Distilling, Inc. revealed loss for the first quarter of $ 0.34 per share, from the revenue of $ 3.75 million. The quarterly revenues expanded 23.36 percent compared with the same quarter last year. According to street consensus, EAST was expected to report 1Q20 loss of $ 0.28 per share from revenue of $ 3.59 million. The bottom line results missed street analysts by $ 0.06 or 21.43 percent, at the same time, top line results outshined analysts by $ 0.16 million or 4.46 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of EAST was $ 1.19, representing a 29.35 % increase from the 52 week low of $ 0.92 and a 77.96 % decrease over the 52 week high of $ 5.40.
The company has a market capital of $ 11.92 million and is part of the Consumer Defensive sector and Beverages – Wineries & Distilleries industry.
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Eastside Distilling, Inc. produces and markets hand-crafted spirits in the United States. It offers whiskeys and bourbons under the Burnside brand name; whiskey products under the Cherry Bomb Whiskey and Marionberry Whiskey, as well as Redneck Riviera and Barrel Hitch American brand names; rum products under the Below Deck Silver Rum and Below Deck Spiced Rum brands; and vodka products under the Portland Potato Vodka brand name.
