Big Rock Brewery (OTCMKTS:BRBMF) Announces Earnings Results

Big Rock Brewery (OTCMKTS:BRBMF) announced its quarterly earnings data on Friday. The company reported ($0.04) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.07), Zacks reports. Big Rock Brewery had a negative return on equity of 14.62% and a negative net margin of 6.95%. The firm had revenue of $8.91 million for the quarter, compared to analysts’ expectations of $13.61 million.

Big Rock Brewery Stock Performance

OTCMKTS:BRBMF opened at $0.89 on Friday. Big Rock Brewery has a 1 year low of $0.58 and a 1 year high of $0.89. The stock has a fifty day moving average price of $0.78 and a two-hundred day moving average price of $0.64. The stock has a market capitalization of $21.95 million, a price-to-earnings ratio of -5.94 and a beta of -1.09.

About Big Rock Brewery

Big Rock Brewery Corporation is a Canadian craft beverage company headquartered in Calgary, Alberta. Founded in 1985, the company began as one of Alberta’s early independent craft breweries and is known for producing beers with an emphasis on traditional brewing methods and distinctive flavor profiles.

Its portfolio has included flagship products such as Big Rock Traditional Ale, Grasshopper Wheat Ale, Warthog Ale and Honey Brown Lager, along with seasonal and limited-release beers. The company has also offered other alcoholic beverages, including ciders and specialty products, as it expanded beyond its core beer offerings.

Big Rock distributes its products primarily through liquor retailers, restaurants, bars and other hospitality channels in Canada.