Eastside Distilling, Inc. (EAST)

NASDAQ: EAST · IEX Real-Time Price · USD
1.07
+0.03 (2.88%)
At close: Dec 7, 2023, 4:00 PM
1.08
+0.01 (0.93%)
After-hours: Dec 7, 2023, 7:58 PM EST
2.88%
Market Cap 1.62M
Revenue (ttm) 10.81M
Net Income (ttm) -15.26M
Shares Out 1.56M
EPS (ttm) -18.56
PE Ratio n/a
Forward PE 5.60
Dividend n/a
Ex-Dividend Date n/a
Volume 36,747
Open 1.04
Previous Close 1.04
Day's Range 0.90 - 1.09
52-Week Range 0.90 - 10.40
Beta 1.67
Analysts Strong Buy
Price Target 5.00 (+367.29%)
Earnings Date Nov 14, 2023

About EAST

Eastside Distilling, Inc. manufactures, acquires, 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 services to the craft beer, cider, and kombucha beverage industries; and digital can printing and co-packing services... [Read more]

Founded 2008
Employees 51
Stock Exchange NASDAQ
Ticker Symbol EAST
Full Company Profile

Financial Performance

In 2022, EAST's revenue was $13.88 million, an increase of 12.01% compared to the previous year's $12.39 million. Losses were -$16.42 million, 263.9% more than in 2021.

Financial Statements

Analyst Forecast

According to one analyst, the rating for EAST stock is "Strong Buy" and the 12-month stock price forecast is $5.0.

Price Target
$5.0
(367.29% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

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...

23 days 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...

4 weeks 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...

2 months 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
3 months ago - Benzinga

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...

4 months ago - PRNewsWire

Eastside Distilling, Inc. to Report Second Quarter 2023 Financial Results on Monday, August 14, 2023

PORTLAND, Ore. , Aug. 3, 2023 /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. Announces Positive Business and Financial Updates

PORTLAND, Ore. , June 13, 2023 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds and supplies craft-inspired exper...

6 months ago - PRNewsWire

Eastside Distilling Reports First Quarter 2023 Financial Results

Company to Host Conference Call at 5:00pm ET Today PORTLAND, Ore. , May 15, 2023 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage com...

7 months ago - PRNewsWire

Eastside Distilling, Inc. to Report First Quarter 2023 Financial Results on Friday, May 12th, 2023 and Announces Anticipated Completion of Reverse Stock Split

PORTLAND, Ore. , May 9, 2023 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brands ...

7 months ago - PRNewsWire

Eastside Distilling Reports Fourth Quarter 2022 Financial Results

Company to Host Conference Call at 5:00pm ET Today PORTLAND, Ore. , March 31, 2023 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage c...

8 months ago - PRNewsWire

Eastside Distilling, Inc. to Report Fourth Quarter and Fiscal Year 2022 Financial Results on Friday, March 31, 2023

Financial results to be released after market close; Conference call to be conducted at 5:00pm ET   PORTLAND, Ore. , March 16, 2023 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside"...

9 months ago - PRNewsWire

Eastside Distilling Reports Third Quarter 2022 Financial Results

Company to Host Conference Call at 5:00pm ET Today PORTLAND, Ore. , Nov. 14, 2022 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage co...

1 year ago - PRNewsWire

Eastside Distilling, Inc. to Report Third Quarter Financial Results on Monday, November 14, 2022

Financial results to be released after market close; Conference call to be conducted at 5:00pm ET PORTLAND, Ore. , Nov. 2, 2022 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or ...

1 year ago - PRNewsWire

Eastside Distilling, Inc. Updates Craft Canning + Printing Milestones

PORTLAND, Ore. , Aug. 31, 2022 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential brand...

1 year ago - PRNewsWire

Eastside Distilling Reports Second Quarter 2022 Financial Results

Company to Host Conference Call at 5:00pm ET Today   PORTLAND, Ore. , Aug. 11, 2022 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage ...

1 year ago - PRNewsWire

Eastside Distilling, Inc. to Report Second Quarter Financial Results on Thursday, August 11, 2022

Financial results to be released after market close; Conference call to be conducted at 5:00pm ET   PORTLAND, Ore., July 5, 2022 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or...

1 year ago - PRNewsWire

Eastside Distilling, Inc. Announces Asset Purchase and Services Agreement between Craft Canning and Aprch Beverages

PORTLAND, Ore. , June 3, 2022 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that manufactures premium spirits and ready-to...

1 year ago - PRNewsWire

Eastside Distilling Reports First Quarter 2022 Financial Results

Company to Host Conference Call at 5:00pm ET Today   PORTLAND, Ore. , May 16, 2022 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage c...

1 year ago - PRNewsWire

Eastside Distilling, Inc. to Report First Quarter Financial Results on Monday, May 16, 2022

Financial results to be released after market close; Conference call to be conducted at 5:00pm ET   PORTLAND, Ore. , April 7, 2022 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" ...

1 year ago - PRNewsWire

Eastside Distilling Reports Fourth Quarter 2021 Financial Results

Company to Host Conference Call at 5:00pm ET Today   PORTLAND, Ore. , March 30, 2022 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage...

1 year ago - PRNewsWire

Eastside Distilling, Inc. Announces Incremental $3 Million Credit Facility

PORTLAND, Ore. , March 24, 2022 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside" or the "Company"), a consumer-focused beverage company that builds craft inspired experiential bran...

1 year ago - PRNewsWire

Eastside Distilling, Inc. to Report Fourth Quarter and Fiscal Year 2021 Financial Results on Wednesday, March 30, 2022

Financial results to be released after market close; Conference call to be conducted at 5:00pm ET   PORTLAND, Ore. , March 17, 2022 /PRNewswire/ -- Eastside Distilling, Inc. (NASDAQ: EAST) ("Eastside"...

1 year ago - PRNewsWire

Eastside Distilling, Inc. Announces Cancellation of Special Meeting of Stockholders

PORTLAND, Ore., March 4, 2022 /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 Generates $1.5 Million from Excess Barrel Sale

PORTLAND, Ore., Feb. 15, 2022 /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 Launches New Premium Maraschino Cherry Whiskey In Continuing Limited Release Flavored Whiskey Lineup

PORTLAND, Ore., Feb. 14, 2022 /PRNewswire/ -- Just in time for Valentine's Day, Portland's Eastside Distilling will release its first ever Maraschino Cherry Whiskey, crafted with Eastside's rare whisk...

1 year ago - PRNewsWire