05:19 PM EDT, 07/25/2024 (MT Newswires) -- Boston Beer ( SAM ) reported Q2 diluted earnings Thursday of $4.39 per share, down from $4.72 a year earlier.

Analysts polled by Capital IQ expected $5.02.

Revenue for the quarter ended June 29 was $614.2 million, down from $641.3 million a year earlier.

Analysts surveyed by Capital IQ expected $597.3 million.

The company also reiterated its full-year earnings guidance of $7 to $11 per share.

Analysts surveyed by Capital IQ expect $10.20.

Shares were down nearly 4% in after-hours activity.

Price: 260.50, Change: -10.02, Percent Change: -3.70