Eastside Distilling, Inc. (EAST)

NASDAQ: EAST · Real-Time Price · USD
0.700
-0.020 (-2.79%)
Dec 20, 2024, 4:00 PM EST - Market closed
-2.79%
Market Cap 3.84M
Revenue (ttm) 9.54M
Net Income (ttm) -6.43M
Shares Out 5.49M
EPS (ttm) -3.59
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 30,908
Open 0.750
Previous Close 0.720
Day's Range 0.700 - 0.750
52-Week Range 0.410 - 2.980
Beta 1.79
Analysts Strong Buy
Price Target 3.50 (+400.0%)
Earnings Date Nov 14, 2024

About EAST

Eastside Distilling, Inc. acquires, manufactures, blends, bottles, imports, exports, markets, and sells various alcoholic beverages. It operates through two segments, Spirits and Craft Canning + Printing. The company provides whiskey under the Burnside Whiskey brand; vodka under the Portland Potato Vodka brand; rum under the Hue-Hue Coffee Rum brand; and tequila under the Azuñia Tequila brand. It also offers canning and printing, digital can printing, and co-packing services to the craft beer, cider, kombucha, and other beverage sectors. The co... [Read more]

Founded 2008
Employees 47
Stock Exchange NASDAQ
Ticker Symbol EAST
Full Company Profile

Financial Performance

In 2023, Eastside Distilling's revenue was $10.50 million, a decrease of -24.38% compared to the previous year's $13.88 million. Losses were -$7.69 million, -53.19% less than in 2022.

Financial Statements

Analyst Forecast

According to one analyst, the rating for EAST stock is "Strong Buy" and the 12-month stock price forecast is $3.5.

Price Target
$3.5
(400.00% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Eastside Distilling, Inc. (EAST) Q3 2024 Earnings Call Transcript

Eastside Distilling, Inc. (NASDAQ:EAST) Q3 2024 Earnings Conference Call November 14, 2024 5:00 PM ET Company Participants Tiffany Milton - Controller Geoffrey Gwin - CEO Conference Call Participants...

5 weeks ago - Seeking Alpha

Eastside Distilling Reports Third Quarter 2024 Financial Results

Company to Host Conference Call at 5:00 pm ET Thursday November 14, 2024 PORTLAND, Ore. and PROVIDENCE, R.I.

5 weeks ago - PRNewsWire

Eastside Distilling, Inc. Provides Update on its Merger with Beeline Financial Holdings, Inc.

Beeline is well-positioned with its AI platform in an improving mortgage market Beeline is addressing the Mortgage Needs of 100M Millennials and Gen Z PORTLAND, Ore. and PROVIDENCE, R.I.

6 weeks ago - PRNewsWire

Eastside Distilling, Inc. Announces Closing of its Merger with AI Powered Beeline Financial Holdings, Inc.

Accelerated closing timeline underscores significant market opportunity for Beeline in connection with anticipated additional Fed rate cuts and increasing mortgage application volumes Simultaneously c...

2 months ago - PRNewsWire

Eastside Distilling Announces Closing of $0.4 Million Registered Direct Offering, Priced at a Premium to Market Under Nasdaq Rules

PORTLAND, Ore. , Sept. 6, 2024 /PRNewswire/ -- Eastside Distilling, Inc. (Nasdaq: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brand...

3 months ago - PRNewsWire

Eastside Distilling Announces $0.4 Million Registered Direct Offering, Priced at a Premium to Market Under Nasdaq Rules

PORTLAND, Ore., Sept. 5, 2024 /PRNewswire/ -- Eastside Distilling, Inc. (Nasdaq: EAST) ("Eastside"), a consumer-focused beverage company that builds craft inspired experiential brands and high-quality...

3 months ago - PRNewsWire

Eastside Distilling, Inc. to Merge with Beeline Financial Holdings Inc., Marking Strategic Expansion into FinTech Mortgage Services

The transaction underscores Eastside's commitment to deliver value to its shareholders by entering the rapidly changing Mortgage Origination & Technology sector and to also enhance the Spirits' portfo...

3 months ago - PRNewsWire

Eastside Distilling, Inc. (EAST) Q2 2024 Earnings Call Transcript

Eastside Distilling, Inc. (NASDAQ:EAST) Q2 2024 Earnings Conference Call August 14, 2024 5:00 PM ET Company Participants Tiffany Milton - Controller Geoffrey Gwin - CEO Conference Call Participants O...

4 months ago - Seeking Alpha

Eastside Distilling Reports Second Quarter 2024 Financial Results

Company to Host Conference Call at 5:00 pm ET Wednesday August 14, 2024 PORTLAND, Ore. , Aug. 14, 2024 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consume...

4 months ago - PRNewsWire

Eastside Distilling, Inc. to Report 2024 Second Quarter Results on Wednesday August 14, 2024

PORTLAND, Ore. , Aug. 5, 2024 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brands...

4 months ago - PRNewsWire

Eastside Distilling, Inc. (EAST) Q1 2024 Earnings Call Transcript

Eastside Distilling, Inc. (NASDAQ:EAST) Q1 2024 Earnings Call Transcript May 13, 2024 5:00 PM ET Company Participants Tiffany Milton - Controller Geoffrey Gwin - CEO Conor Kilkenny - Craft CFO Confer...

7 months ago - Seeking Alpha

Eastside Distilling Reports First Quarter 2024 Financial Results

Company to Host Conference Call at 5:00 pm ET Monday May 13, 2024 PORTLAND, Oregon , May 13, 2024 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-foc...

7 months ago - PRNewsWire

Eastside Distilling, Inc. to Report 2024 First Quarter Results on Monday, May 13, 2024

PORTLAND, Ore. , May 2, 2024 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brands ...

8 months ago - PRNewsWire

Eastside Distilling, Inc. (EAST) Q4 2023 Earnings Call Transcript

Eastside Distilling, Inc. (NASDAQ:EAST) Q4 2023 Results Conference Call April 2, 2024 8:30 AM ET Company Participants Tiffany Milton - Controller Geoffrey Gwin - CEO Conference Call Participants Matt...

9 months ago - Seeking Alpha

Eastside Distilling Reports Fourth Quarter 2023 Financial Results

Company to Host Conference Call at 8:30 am ET Tuesday, April 2, 2024 PORTLAND, Ore. , April 1, 2024 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-f...

9 months ago - PRNewsWire

Eastside Distilling, Inc. to Report 2023 Fiscal Year Results on Monday, April 1, 2024

PORTLAND, Ore. , March 27, 2024 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential bran...

9 months ago - PRNewsWire

Eastside Distilling to Attend the 36th Annual Roth Conference March 17-19, 2024 and schedules 4th Quarter Earnings Call

PORTLAND, Ore. , March 11, 2024 /PRNewswire/ -- A consumer-focused beverage company that builds craft inspired experiential brands and high-quality artisan products around premium spirits, digital can...

10 months ago - PRNewsWire

Eastside Distilling, Inc. (EAST) Q3 2023 Earnings Call Transcript

Eastside Distilling, Inc. (NASDAQ:EAST) Q3 2023 Earnings Call Transcript November 14, 2023 10:00 AM ET Company Participants Tiffany Milton - Controller Geoffrey Gwin - Chief Executive Officer Confere...

1 year ago - Seeking Alpha

Eastside Distilling Reports Third Quarter 2023 Financial Results

Company to Host Conference Call at 5:00 pm ET Today PORTLAND, Ore. , Nov. 14, 2023 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage c...

1 year ago - PRNewsWire

Eastside Distilling, Inc. to Report Third Quarter 2023 Financial Results on Tuesday, November 14, 2023

PORTLAND, Ore. , Nov. 6, 2023 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brands...

1 year ago - PRNewsWire

Eastside Distilling Announces Completion of Debt-for-Equity Exchange

PORTLAND, Ore. , Oct. 2, 2023 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brands...

1 year ago - PRNewsWire

Top 5 Defensive Stocks That Could Blast Off This Quarter - Dollar Tree (NASDAQ:DLTR), Eastside Distilling (NASDAQ:EAST)

The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.

Other symbols: DLTRFARMJVA
1 year ago - Benzinga

Eastside Distilling, Inc. (EAST) Q2 2023 Earnings Call Transcript

Eastside Distilling, Inc. (NASDAQ:EAST) Q2 2023 Earnings Conference Call August 14, 2023 5:00 PM ET Company Participants Tiffany Milton - Controller Geoffrey Gwen - Chief Executive Officer Bruce Well...

1 year ago - Seeking Alpha

Eastside Distilling Reports Second Quarter 2023 Financial Results

Company to Host Conference Call at 5:00pm ET Today PORTLAND, Ore. , Aug. 14, 2023 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage co...

1 year ago - PRNewsWire