Boston Beer Posts Better-Than-Expected Earnings, Joins Scholastic, Deckers Outdoor, Saia And Other Big Stocks Moving Higher On Friday

U.S. stocks were higher, with the Dow Jones index gaining around 50 points on Friday.

Shares of The Boston Beer Company, Inc. (NYSE:SAM) rose sharply during Friday's session after the company reported better-than-expected second-quarter EPS results and issued FY25 EPS guidance with its midpoint above estimates.

Boston Beer reported second-quarter revenue of $587.95 million, missing analyst estimates of $596.43 million. The craft brewer reported second-quarter earnings of $5.45 per share, beating estimates of $4.04 per share, according to Benzinga Pro.

Boston Beer shares jumped 9.7% to $221.40 on Friday.

Here are some other big stocks recording gains in today’s session.

• Coursera, Inc. (NYSE:COUR) shares jumped 32.5% to $12.03 as the company posted better-than-expected second-quarter results after Thursday's closing bell.
• Neumora Therapeutics, Inc. (NASDAQ:NMRA) gained 20.2% to $2.7650. Neumora Therapeutics will report second quarter financial results on Wednesday, Aug. 6.
• Scholastic Corporation (NASDAQ:SCHL) jumped 19.4% to $25.74 after the company reported better-than-expected quarterly financial results.
• Comfort Systems USA, Inc. (NYSE:FIX) gained 17% to $659.00 after the company reported better-than-expected second-quarter financial results and raised its quarterly dividend from $0.45 to $0.50 per share.
• Gentex Corporation (NASDAQ:GNTX) rose 16% to $27.36 after reporting better-than-expected quarterly EPS and sales.
• Newegg Commerce, Inc. (NASDAQ:NEGG) gained 13.8% to $34.98.
• Bel Fuse Inc. (NASDAQ:BELFA) rose 12.7% to $103.00 following upbeat quarterly results.
• Deckers Outdoor Corporation (NYSE:DECK) gained 12.6% to $118.14 after the company reported better-than-expected first-quarter financial results.
• Saia, Inc. (NASDAQ:SAIA) jumped 11.7% to $348.11 after the company reported better-than-expected quarterly EPS results.
• Betterware de México, S.A.P.I. de C.V. (NYSE:BWMX) rose 11.3% to $10.81 following second-quarter results.
• Knowles Corporation (NYSE:KN) gained 10.5% to $20.63 following upbeat earnings.
• Coca-Cola Consolidated, Inc. (NASDAQ:COKE) gained 9.5% to $122.19 after the company reported a year-over-year increase in second-quarter financial results.
• The Ensign Group, Inc. (NASDAQ:ENSG) jumped 8.6% to $149.74 after the company reported better-than-expected quarterly financial results and raised its FY25 guidance above estimates.
• YETI Holdings, Inc. (NYSE:YETI) surged 7.5% to $39.57.
• The Gorman-Rupp Company (NYSE:GRC) gained 6.9% to $40.50 following upbeat quarterly results.
• VeriSign, Inc. (NASDAQ:VRSN) gained 6.6% to $305.07 following better-than-expected quarterly earnings.
• EMCOR Group, Inc. (NYSE:EME) gained 6.6% to $617.30.
• Aon plc (NYSE:AON) rose 6.3% to $379.30 after the company reported better-than-expected quarterly adjusted EPS results.

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