Boston Beer (SAM) Surpasses Q2 Earnings Estimates

Core Viewpoint - Boston Beer (SAM) reported quarterly earnings of $5.45 per share, exceeding the Zacks Consensus Estimate of $4.37 per share, and showing an increase from $4.39 per share a year ago, representing an earnings surprise of +24.71% [1][2] Financial Performance - The company posted revenues of $587.95 million for the quarter ended June 2025, which was 1.48% below the Zacks Consensus Estimate, compared to $579.1 million in the same quarter last year [2] - Over the last four quarters, Boston Beer has surpassed consensus EPS estimates three times and topped consensus revenue estimates two times [2] Stock Performance - Boston Beer shares have declined approximately 30.7% since the beginning of the year, contrasting with the S&P 500's gain of 8.1% [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating expectations of underperformance in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $4.77, with expected revenues of $595.8 million, and for the current fiscal year, the EPS estimate is $9.11 on revenues of $2.05 billion [7] Industry Context - The Beverages - Alcohol industry is currently ranked in the bottom 36% of over 250 Zacks industries, suggesting that the outlook for the industry can significantly impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]