Big Rock Brewery Third Quarter 2022 Earnings: CA$0.15 loss per share (vs CA$0.034 profit in 3Q 2021)
Big Rock Brewery (TSE:BR) Third Quarter 2022 Results
Key Financial Results
Revenue: CA$11.9m (down 8.0% from 3Q 2021).
Net loss: CA$1.05m (down from CA$237.0k profit in 3Q 2021).
CA$0.15 loss per share (down from CA$0.034 profit in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Big Rock Brewery Earnings Insights
Looking ahead, revenue is forecast to grow 5.2% p.a. on average during the next 2 years, compared to a 6.1% growth forecast for the Beverage industry in Canada.
Performance of the Canadian Beverage industry.
The company's shares are down 5.8% from a week ago.
It's necessary to consider the ever-present spectre of investment risk. We've identified 3 warning signs with Big Rock Brewery (at least 1 which doesn't sit too well with us), and understanding them should be part of your investment process.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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