Boston Beer Co. (SAM) reported first quarter net income of $0.51 per share after the bell Wednesday, down from $0.56 per share a year ago. The consensus estimate was for EPS of $0.60. The company expects to report full year 2013 EPS of $4.70 to $5.10, compared to the consensus estimate of $4.95.
Boston Beer Co. gapped open sharply lower Thursday and declined throughout the first half of the session. Shares finished down by 19.31 at $146.72 on the highest volume in 4 1/2 months. The stock dropped to over a 2-month low and fell below its 50-day moving average.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.