* Eastside Distilling Inc reported a quarterly adjusted loss of $1.39 per share for the quarter ended in December, higher than the same quarter last year, when the company reported EPS of $-12.40. The lone analyst forecast for the quarter was for a loss of 90 cents per share.
* Revenue fell 13.3% to $2.00 million from a year ago; analysts expected $3.68 million.
* Eastside Distilling Inc's reported EPS for the quarter was a loss of $1.39.
* The company reported a quarterly loss of $2.18 million.
* Eastside Distilling Inc shares had held steady so far this quarter and lost 23.3% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts was unchanged in the last three months.
* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.
RECOMMENDATIONS
* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
* The average consensus recommendation for the distillers & wineries peer group is also "buy"
Wall Street's median 12-month price target for Eastside Distilling Inc is $5.00 This summary was machine generated from LSEG data April 1 at 10:45 p.m. UTC. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,
MISSED
Dec. 31 2023 -0.90 -1.39 Missed
Sep. 30 2023 -1.26 -0.80 Beat
Jun. 30 2023 -1.25 -1.96 Missed
Mar. 31 2023 -2.40 -2.00 Beat
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