100s of titles, one news app for just $10 a month.
Latest Business news:
Bitcoin Evangelists Remain Enthusiastic Despite Crypto Rout
The cryptocurrency market has lost over $1.6 trillion since November, but that hasn't tempered the passion of the bitcoin evangelists.
Read news from The Economist, FT, Bloomberg and more, with one subscription
Learn More
Rising petrol prices to drag on confidence
The steady climb in petrol prices back to $2 per litre is likely to weigh on consumer confidence as it…
European Central Bank chief signals possible July rate hike
The president of the European Central Bank has given the clearest sign yet that policymakers will aim to raise interest…
World economy has 'buffer' against recession says IMF's Gopinath
While the world economy faces headwinds, current growth forecasts offer a buffer against a potential global recession, the International Monetary…
Facebook's Zuckerberg targeted in US privacy lawsuit
Washington (AFP) - Facebook founder Mark Zuckerberg was named personally in a Washington lawsuit Monday alleging he played a direct…
From analysis to good news, read the world’s best news in one place
Aramco CEO Warns of Global Oil Crunch Due to Lack of Investment
The world is facing a major oil supply crunch as most companies are afraid to invest in the sector as…
Starbucks to completely exit Russia after Ukraine invasion
New York (AFP) - Starbucks said Monday it will cease operations in Russia, shuttering its 130 cafes in the country…

Earnings Outlook For Eastside Distilling

By Benzinga Insights

Eastside Distilling (NASDAQ:EAST) is set to give its latest quarterly earnings report on Monday, 2022-05-16. Here's what investors need to know before the announcement.

Analysts estimate that Eastside Distilling will report an earnings per share (EPS) of $-0.18.

Eastside Distilling bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Here's a look at Eastside Distilling's past performance and the resulting price change:

Quarter Q4 2021 Q3 2021 Q2 2021 Q1 2021
EPS Estimate -0.11
EPS Actual -0.16 -0.32 -0.14 0.31
Price Change % -8.34% -11.31% -5.37% -1.73%

Stock Performance

Shares of Eastside Distilling were trading at $0.7155 as of May 12. Over the last 52-week period, shares are down 56.07%. Given that these returns are generally negative, long-term shareholders are likely a little upset going into this earnings release.

To track all earnings releases for Eastside Distilling visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

What is inkl?
The world’s most important news, from 100+ trusted global sources, in one place.
Morning Edition
Your daily
news overview

Morning Edition ensures you start your day well informed.

No paywalls, no clickbait, no ads
Enjoy beautiful reading

Content is only half the story. The world's best news experience is free from distraction: ad-free, clickbait-free, and beautifully designed.

Expert Curation
The news you need to know

Stories are ranked by proprietary algorithms based on importance and curated by real news journalists to ensure that you receive the most important stories as they break.