Earnings Outlook For Eastside Distilling
Portfolio Pulse from Benzinga Insights
Eastside Distilling (NASDAQ:EAST) is set to release its latest quarterly earnings report on August 14, 2023. Analysts estimate an earnings per share (EPS) of $-1.25. The company's past performance shows a pattern of beating EPS estimates but this has not always led to a positive impact on the share price. The stock is currently trading at $3.02, down 72.76% over the last 52-week period.
August 11, 2023 | 4:01 pm
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Eastside Distilling is expected to report an EPS of $-1.25 in its upcoming earnings. Despite past EPS beats, the stock has seen a significant decline over the past year.
The company has a history of beating EPS estimates, but this has not translated into positive stock performance. The stock has been on a downward trend, losing over 70% of its value over the past year. This suggests that investors may have concerns about the company's overall financial health and future prospects.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100