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Boston Beer: 4Q Earnings Snapshot

February 20, 2019

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.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SAM at https://www.zacks.com/ap/SAM