Boston Beer (SAM) Gains But Lags Market: What You Should Know

Boston Beer (SAM) Gains But Lags Market: What You Should Know
This story originally appeared on Zacks

In the latest trading session, Boston Beer (SAM) closed at $524.87, marking a +0.57% move from the previous day. The stock lagged the S&P 500’s daily gain of 0.62%. Meanwhile, the Dow gained 0.55%, and the Nasdaq, a tech-heavy index, lost 0.03%.

Boston Beer (SAM) Gains But Lags Market: What You Should Know – Zacks

Heading into today, shares of the brewer had gained 13.04% over the past month, outpacing the Consumer Staples sector’s gain of 3.14% and the S&P 500’s gain of 0.87% in that time.

Investors will be hoping for strength from Boston Beer as it approaches its next earnings release. The company is expected to report EPS of $3.27, up 27.73% from the prior-year quarter. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $473.95 million, up 2.82% from the year-ago period.

For the full year, our Zacks Consensus Estimates are projecting…

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