Boston Beer: 4Q Earnings Snapshot
BOSTON (AP) _ Boston Beer Co. (SAM) on Wednesday reported fourth-quarter earnings of $21.8 million.
The Boston-based company said it had profit of $1.86 per share. Earnings, adjusted for pretax gains, came to $1.84 per share.
The brewer posted revenue of $225.2 million in the period.
For the year, the company reported profit of $92.7 million, or $7.82 per share. Revenue was reported as $995.6 million.
Boston Beer expects full-year earnings in the range of $8 to $9 per share.
Boston Beer shares have climbed 11 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $268.07, a climb of 39 percent in the last 12 months.