Eastside Distilling (EAST) Set to Announce Earnings on Monday

Eastside Distilling (NASDAQ:EAST) will be releasing its earnings data after the market closes on Monday, May 13th. Analysts expect Eastside Distilling to post earnings of ($0.22) per share for the quarter. Parties that are interested in participating in the company’s conference call can do so using this link.

Eastside Distilling (NASDAQ:EAST) last released its quarterly earnings data on Monday, April 1st. The company reported ($1.16) EPS for the quarter. The firm had revenue of $2.00 million during the quarter, compared to analyst estimates of $3.68 million. On average, analysts expect Eastside Distilling to post $-2 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Eastside Distilling Price Performance

Shares of Eastside Distilling stock opened at $1.63 on Friday. The business’s fifty day moving average price is $1.07 and its 200 day moving average price is $1.13. Eastside Distilling has a twelve month low of $0.84 and a twelve month high of $8.22. The company has a current ratio of 1.08, a quick ratio of 0.32 and a debt-to-equity ratio of 3.17. The stock has a market capitalization of $2.79 million, a P/E ratio of -0.30 and a beta of 1.72.

Analyst Upgrades and Downgrades

Separately, Roth Mkm reduced their price target on shares of Eastside Distilling from $5.00 to $3.50 and set a “buy” rating on the stock in a research report on Monday, April 8th.

Eastside Distilling Company Profile

Eastside Distilling, Inc manufactures, acquires, blends, bottles, imports, exports, markets, and sells various alcoholic beverages. It operates through two segments, Spirits and Craft Canning + Printing. The company provides whiskey under the Burnside Whiskey brand; vodka under the Portland Potato Vodka brand; rum under the Hue-Hue Coffee Rum brand; and tequila under the Azuñia Tequila brand.