Eastside Distilling (EAST) Scheduled to Post Earnings on Monday

Eastside Distilling (NASDAQ:EAST) is scheduled to issue its quarterly earnings data after the market closes on Monday, May 13th. Analysts expect the company to announce earnings of ($0.22) per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Eastside Distilling (NASDAQ:EAST) last issued its quarterly earnings data on Monday, April 1st. The company reported ($1.16) EPS for the quarter. The company had revenue of $2.00 million for the quarter, compared to analyst estimates of $3.68 million. On average, analysts expect Eastside Distilling to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Eastside Distilling Price Performance

Shares of Eastside Distilling stock traded up $0.05 on Monday, reaching $1.01. 62,104 shares of the stock were exchanged, compared to its average volume of 120,344. Eastside Distilling has a one year low of $0.84 and a one year high of $8.22. The company has a debt-to-equity ratio of 3.17, a quick ratio of 0.32 and a current ratio of 1.08. The firm’s 50 day moving average is $1.05 and its 200-day moving average is $1.13. The firm has a market cap of $1.73 million, a PE ratio of -0.18 and a beta of 1.72.

Wall Street Analysts Forecast Growth

Separately, Roth Mkm reduced their price objective on shares of Eastside Distilling from $5.00 to $3.50 and set a “buy” rating for the company in a research note 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.