Can Boston Beer Beat These Numbers?
Boston Beer (NYS: SAM) is expected to report Q1 earnings on May 1. Here's what Wall Street wants to see:
The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Boston Beer's revenues will grow 14.7% and EPS will increase 7.1%.
The average estimate for revenue is $129.9 million. On the bottom line, the average EPS estimate is $0.60.
Last quarter, Boston Beer logged revenue of $153.0 million. GAAP reported sales were 7.7% higher than the prior-year quarter's $142.1 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at $1.26. GAAP EPS of $1.25 for Q4 were 6.0% lower than the prior-year quarter's $1.33 per share.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 52.1%, 430 basis points worse than the prior-year quarter. Operating margin was 17.7%, 90 basis points worse than the prior-year quarter. Net margin was 11.0%, 150 basis points worse than the prior-year quarter.
The full year's average estimate for revenue is $659.2 million. The average EPS estimate is $4.95.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Boston Beer is underperform, with an average price target of $124.14.
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The article Can Boston Beer Beat These Numbers? originally appeared on Fool.com.Seth Jayson had no position in any company mentioned here at the time of publication. You can view his stock holdings here. He is co-advisor ofMotley Fool Hidden Gems, which provides new small-cap ideas every month, backed by a real-money portfolio. The Motley Fool recommends Boston Beer. The Motley Fool owns shares of Boston Beer. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.