Eastside Distilling (NASDAQ:EAST) reported its Q1 earnings results on Friday, May 12, 2023 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Eastside Distilling beat estimated earnings by 16.67%, reporting an EPS of $-0.1 versus an estimate of $-0.12.
Revenue was down $901 thousand from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.02 which was followed by a 42.28% increase in the share price the next day.
Here’s a look at Eastside Distilling’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | -0.17 | -0.19 | -0.17 | -0.18 |
| EPS Actual | -0.15 | -0.18 | -0.12 | -0.14 |
| Revenue Estimate | 3.66M | 3.41M | 3.32M | 2.75M |
| Revenue Actual | 2.36M | 3.06M | 5.12M | 3.78M |
To track all earnings releases for Eastside Distilling visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
