Boston Beer Posts Better-Than-Expected Earnings, Joins Scholastic, Deckers Outdoor, Saia And Other Big Stocks Moving Higher On Friday

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U.S. stocks were higher, with the Dow Jones index gaining around 50 points on Friday.

Shares of The Boston Beer Company, Inc. (NYSE:SAM) rose sharply during Friday's session after the company reported better-than-expected second-quarter EPS results and issued FY25 EPS guidance with its midpoint above estimates.

Boston Beer reported second-quarter revenue of $587.95 million, missing analyst estimates of $596.43 million. The craft brewer reported second-quarter earnings of $5.45 per share, beating estimates of $4.04 per share, according to Benzinga Pro.

Boston Beer shares jumped 9.7% to $221.40 on Friday.

Here are some other big stocks recording gains in today’s session.

• Coursera, Inc. (NYSE:COUR) shares jumped 32.5% to $12.03 as the company posted better-than-expected second-quarter results after Thursday's closing bell.
• Neumora Therapeutics, Inc. (NASDAQ:NMRA) gained 20.2% to $2.7650. Neumora Therapeutics will report second quarter financial results on Wednesday, Aug. 6.
• Scholastic Corporation (NASDAQ:SCHL) jumped 19.4% to $25.74 after the company reported better-than-expected quarterly financial results.
• Comfort Systems USA, Inc. (NYSE:FIX) gained 17% to $659.00 after the company reported better-than-expected second-quarter financial results and raised its quarterly dividend from $0.45 to $0.50 per share.
• Gentex Corporation (NASDAQ:GNTX) rose 16% to $27.36 after reporting better-than-expected quarterly EPS and sales.
• Newegg Commerce, Inc. (NASDAQ:NEGG) gained 13.8% to $34.98.
• Bel Fuse Inc. (NASDAQ:BELFA) rose 12.7% to $103.00 following upbeat quarterly results.
• Deckers Outdoor Corporation (NYSE:DECK) gained 12.6% to $118.14 after the company reported better-than-expected first-quarter financial results.
• Saia, Inc. (NASDAQ:SAIA) jumped 11.7% to $348.11 after the company reported better-than-expected quarterly EPS results.
• Betterware de México, S.A.P.I. de C.V. (NYSE:BWMX) rose 11.3% to $10.81 following second-quarter results.
• Knowles Corporation (NYSE:KN) gained 10.5% to $20.63 following upbeat earnings.
• Coca-Cola Consolidated, Inc. (NASDAQ:COKE) gained 9.5% to $122.19 after the company reported a year-over-year increase in second-quarter financial results.
• The Ensign Group, Inc. (NASDAQ:ENSG) jumped 8.6% to $149.74 after the company reported better-than-expected quarterly financial results and raised its FY25 guidance above estimates.
• YETI Holdings, Inc. (NYSE:YETI) surged 7.5% to $39.57.
• The Gorman-Rupp Company (NYSE:GRC) gained 6.9% to $40.50 following upbeat quarterly results.
• VeriSign, Inc. (NASDAQ:VRSN) gained 6.6% to $305.07 following better-than-expected quarterly earnings.
• EMCOR Group, Inc. (NYSE:EME) gained 6.6% to $617.30.
• Aon plc (NYSE:AON) rose 6.3% to $379.30 after the company reported better-than-expected quarterly adjusted EPS results.

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