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Boston Beer Co Turns To Profit In Q3 - Quick Facts
11/5/2009 5:56 PM ET


RELATED NEWS
Boston Beer In Excellent Spirits - Stocks To Watch
(RTTNews) - Boston Beer Co Inc. (SAM: News ) reported third-quarter net income of $10.374 million or $0.72 per share compared to a loss of $295 thousand or $0.02 per share last year.

On average, 3 analysts polled by Thomson Reuters expected the company to report profit of $0.39 per share for the quarter. Analysts' estimates typically exclude special items.

Net revenue increased to $108.722 million from $101.128 million last year. Analysts expected revenue of $107.46 million for the quarter.

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by RTT Staff Writer

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Profit Taking Likely To Contribute To Continued Weakness – RTTNews Daily Market Analysis
The major index futures are currently indicating a notably lower open for stocks on Friday, with the markets likely to see some further downside after closing lower in each of the two previous sessions. With no major economic data on tap for the day, traders have looked to corporate news, including disappointing quarterly results from Dell (DELL). Traders may also continue to cash in on the recent strength in the markets that lifted the major averages to their best closing levels in over a year earlier in the week.

SLIDE SHOW: Pittsburgh Plays Host To Third G-20 Summit World leaders met at the G-20 summit in Pittsburgh, where they promised to maintain economic stimulus agreed to in London in April.
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