Boston Beer: Q4 Earnings Snapshot

BOSTON (AP) — BOSTON (AP) — Boston Beer Co. (SAM) on Tuesday reported a loss of $18.1 million in its fourth quarter.

The Boston-based company said it had a loss of $1.49 per share.

The results did not meet Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 22 cents per share.

The brewer posted revenue of $393.7 million in the period, which also did not meet Street forecasts. Five analysts surveyed by Zacks expected $416 million.

For the year, the company reported profit of $76.3 million, or $6.21 per share. Revenue was reported as $2.01 billion.

Boston Beer expects full-year earnings to be $7 to $11 per share.

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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