Boston Beer (SAM) Reports Earnings Tomorrow: What To Expect
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Boston Beer (SAM) is set to report earnings this Thursday after market hours. Last quarter, it met revenue expectations with $385.7 million, down 4.1% year-on-year. Analysts expect a further 4% revenue decline this quarter. Despite missing revenue estimates multiple times in the past two years, analysts have maintained their estimates. Peers like Keurig Dr Pepper and Constellation Brands have shown mixed results. Boston Beer shares are up 3.7% recently, with an average analyst price target of $236.16 against a current price of $238.45.
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