Big Rock Brewery (OTCMKTS:BRBMF) Issues Earnings Results, Misses Expectations By $0.08 EPS

Big Rock Brewery (OTCMKTS:BRBMF) posted its quarterly earnings results on Friday. The company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.08), Zacks reports. Big Rock Brewery had a negative net margin of 1.68% and a negative return on equity of 3.60%. The business had revenue of $7.27 million during the quarter, compared to the consensus estimate of $9.76 million.

Big Rock Brewery Price Performance

Shares of BRBMF stock remained flat at $0.59 during midday trading on Friday. Big Rock Brewery has a 12-month low of $0.59 and a 12-month high of $0.82. The firm has a market cap of $14.40 million, a PE ratio of -7.32 and a beta of -0.98. The firm has a 50 day moving average of $0.59 and a 200 day moving average of $0.61. The company has a debt-to-equity ratio of 0.28, a quick ratio of 0.55 and a current ratio of 1.06.

Big Rock Brewery Company Profile

Big Rock Brewery Inc (OTCMKTS: BRBMF) is a Canadian-based craft brewing company headquartered in Calgary, Alberta. Established in 1985 by Alvin C. Adolph, it was one of the first independent breweries to introduce craft-style beer to Western Canada. The company operates its primary brewing and packaging facility in Calgary, where it produces a diverse portfolio of beer brands, including ales, lagers, seasonal specialties and limited-release products designed to appeal to both domestic and international consumers.

In addition to its branded beer offerings, Big Rock Brewery provides contract brewing and private-label packaging services to third-party beverage companies.