Boston Beer Company Future Growth

Future criteria checks 1/6

Boston Beer Company is forecast to grow earnings and revenue by 18.1% and 3.9% per annum respectively. EPS is expected to grow by 20% per annum. Return on equity is forecast to be 14.8% in 3 years.

Key information

18.1%

Earnings growth rate

20.0%

EPS growth rate

Beverage earnings growth	12.1%
Revenue growth rate	3.9%
Future return on equity	14.8%
Analyst coverage	Good
Last updated	12 Sep 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

DB:BBEA - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	2,180	165	158	266	11
12/31/2025	2,087	142	138	271	13
12/31/2024	2,022	116	87	220	13
6/29/2024	2,000	92	190	255	N/A
3/30/2024	2,025	98	216	278	N/A
12/30/2023	2,009	76	201	265	N/A
9/30/2023	2,062	83	138	207	N/A
7/1/2023	2,057	65	105	180	N/A
4/1/2023	2,070	60	139	223	N/A
12/31/2022	2,090	67	109	200	N/A
9/24/2022	1,991	27	133	230	N/A
6/25/2022	1,956	-58	32	147	N/A
3/26/2022	1,943	-53	-137	-5	N/A
12/25/2021	2,058	15	-92	56	N/A
9/25/2021	2,170	99	-65	95	N/A
6/26/2021	2,102	237	17	180	N/A
3/27/2021	1,951	238	102	254	N/A
12/26/2020	1,736	191	113	253	N/A
9/26/2020	1,577	172	118	244	N/A
6/27/2020	1,462	136	118	227	N/A
3/28/2020	1,329	104	85	184	N/A
12/28/2019	1,250	109	85	178	N/A
9/28/2019	1,174	117	115	198	N/A
6/29/2019	1,102	110	91	165	N/A
3/30/2019	1,057	106	121	188	N/A
12/29/2018	996	92	108	163	N/A
9/29/2018	977	101	87	136	N/A
6/30/2018	917	96	87	129	N/A
3/31/2018	892	102	N/A	131	N/A
12/30/2017	863	99	N/A	136	N/A
9/30/2017	876	90	N/A	154	N/A
7/1/2017	882	88	N/A	164	N/A
4/1/2017	879	86	N/A	140	N/A
12/31/2016	906	87	N/A	154	N/A
9/24/2016	902	81	N/A	135	N/A
6/25/2016	942	88	N/A	142	N/A
3/26/2016	949	91	N/A	157	N/A
12/26/2015	960	98	N/A	169	N/A
9/26/2015	963	101	N/A	181	N/A
6/27/2015	939	100	N/A	181	N/A
3/28/2015	919	96	N/A	171	N/A
12/27/2014	903	90	N/A	141	N/A
9/27/2014	891	89	N/A	136	N/A
6/28/2014	837	77	N/A	120	N/A
3/29/2014	787	71	N/A	104	N/A
12/28/2013	739	70	N/A	100	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: BBEA's forecast earnings growth (18.1% per year) is above the savings rate (0.8%).

Earnings vs Market: BBEA's earnings (18.1% per year) are forecast to grow slower than the German market (20% per year).

High Growth Earnings: BBEA's earnings are forecast to grow, but not significantly.

Revenue vs Market: BBEA's revenue (3.9% per year) is forecast to grow slower than the German market (5.4% per year).

High Growth Revenue: BBEA's revenue (3.9% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: BBEA's Return on Equity is forecast to be low in 3 years time (14.8%).

Boston Beer Company Future Growth

Future criteria checks 1/6

Key information

Recent future growth updates

The Boston Beer Company, Inc. Provides Earnings Guidance for 2024

The Boston Beer Company, Inc. Revises Earnings Guidance for the Year 2023

The Boston Beer Company, Inc. Reaffirms Earnings Guidance for the Year 2023

The Boston Beer Company, Inc. Provides Earnings Guidance for 2023

The Boston Beer Company, Inc. Provides Earnings Guidance for the Year 2022

The Boston Beer Company, Inc. Provides Earnings Guidance for the Full Year 2022

Recent updates

The Boston Beer Company, Inc. Announces Board Appointments

Second quarter 2024 earnings released: EPS: US$4.40 (vs US$4.73 in 2Q 2023)

Green Thumb Industries Seeks Boston Beer Merger

Suntory Holdings Denies Talks over Boston Beer Acquisition

Investor sentiment improves as stock rises 16%

Boston Beer Reportedly in Talks to Sell Itself to Jim Beam Owner Suntory

First quarter 2024 earnings released: EPS: US$1.05 (vs US$0.73 loss in 1Q 2023)

The Boston Beer Company, Inc.'s Cannabis-Infused Iced Tea Brand TeaPot Releases New 'Good Evening Iced Tea' in Blackberry Rooibos

Investor sentiment deteriorates as stock falls 18%

The Boston Beer Company, Inc., Annual General Meeting, May 07, 2024

The Boston Beer Company, Inc. Provides Earnings Guidance for 2024

Full year 2023 earnings released: EPS: US$6.23 (vs US$5.46 in FY 2022)

Insufficient new directors

The Boston Beer Company, Inc. Revises Earnings Guidance for the Year 2023

New minor risk - Share price stability

Third quarter 2023 earnings released: EPS: US$3.70 (vs US$2.22 in 3Q 2022)

Founder recently sold €8.8m worth of stock

The Boston Beer Company, Inc. Reaffirms Earnings Guidance for the Year 2023

Second quarter 2023 earnings released: EPS: US$4.73 (vs US$4.33 in 2Q 2022)

The Boston Beer Company, Inc. Names Diego Reynoso as Treasurer, Effective September 5, 2023

Boston Beer Company, Inc. Appoints Philip A. Hodges as Chief Supply Chain Officer

Insufficient new directors

TeaPot Introduces Newest Style of Cannabis-Infused Iced Tea - Mango Green Tea

First quarter 2023 earnings released: US$0.73 loss per share (vs US$0.16 loss in 1Q 2022)

Insider recently sold €66k worth of stock

Chief Sales Officer recently sold €194k worth of stock

Investor sentiment deteriorates as stock falls 16%

Full year 2022 earnings released: EPS: US$5.46 (vs US$1.19 in FY 2021)

The Boston Beer Company, Inc. Provides Earnings Guidance for 2023

The Boston Beer Company, Inc., Annual General Meeting, May 17, 2023

Insider recently sold €61k worth of stock

The Boston Beer Company Introduces First Tequila-Based RTD Beverage, Loma Vista Tequila Soda

Third quarter 2022 earnings released: EPS: US$2.22 (vs US$4.76 loss in 3Q 2021)

The Boston Beer Company, Inc. Provides Earnings Guidance for the Year 2022

Chief People Officer recently sold €95k worth of stock

Second quarter 2022 earnings released: EPS: US$4.33 (vs US$4.82 in 2Q 2021)

The Boston Beer Company, Inc.(NYSE:SAM) dropped from Russell 1000 Growth-Defensive Index

The Boston Beer Company Introduces TeaPot, New Line of Cannabis-Infused Iced Teas

First quarter 2022 earnings released: US$0.16 loss per share (vs US$5.34 profit in 1Q 2021)

First quarter 2022 earnings released: US$0.16 loss per share (vs US$5.34 profit in 1Q 2021)

The Boston Beer Company, Inc., Annual General Meeting, May 18, 2022

Chief Sales Officer recently sold €159k worth of stock

The Boston Beer Company, Inc.'s Quincy B. Troupe Intends to Step Down from His Position as Senior Vice President of Supply Chain

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

The Boston Beer Company, Inc. Provides Earnings Guidance for the Full Year 2022

The Boston Beer Company, Inc. Revised Earnings Guidance for the Full Year of 2021

Founder recently sold €8.6m worth of stock

Third quarter 2021 earnings released

Glancy Prongay & Murray LLP Files Securities Fraud Lawsuit Against the Boston Beer Company, Inc

The Boston Beer Company, Inc. Provides Earnings Guidance for the Year 2021

Investor sentiment deteriorated over the past week

The Boston Beer Company, Inc. Provides Earnings Guidance for the Year 2021

The Boston Beer Company, Inc. Reports Impairment Charges for the Second Quarter Ended June 26, 2021

Second quarter 2021 earnings released: EPS US$4.88 (vs US$4.93 in 2Q 2020)

the Boston Beer Company, Inc. Reports Impairment Charges for the First Quarter Ended March 27, 2021

First quarter 2021 earnings released: EPS US$5.36 (vs US$1.50 in 1Q 2020)

Investor sentiment improved over the past week

Chief People Officer recently sold €200k worth of stock

Chief Sales Officer recently sold €342k worth of stock

Full year 2020 earnings released: EPS US$15.91 (vs US$9.26 in FY 2019)

Revenue beats expectations

The Boston Beer Company, Inc. Appoints Michael Lynton to Board of Directors

New 90-day high: €905

Investor sentiment improved over the past week

The Boston Beer Company, Inc.(NYSE:SAM) dropped from Russell 2000 Growth-Defensive Index

Chief Sales Officer recently sold €92k worth of stock

Market bids up stock over the past week

Third quarter earnings released

Third-quarter earnings released: Revenue misses expectations