BEAM (NYSE:BEAM) Report Drop in Profit Due to Higher Marketing Expense – BEAM, BUD, GMCR, IP, COH, PBI, SODA, DEO

BEAM Inc (NYSE:BEAM) announced on Friday lower quarterly earnings without special items, owing to a 20% boost in how much it spent to advertise its alcoholic drinks throughout the key holiday period.

The producer of Jim Beam, Maker’s Mark and Knob Creek bourbons reported on Friday that earnings on a net basis were $126.3 million or 79 cents a share in the fiscal Q4, high from $88.5 million or 56 cents a share in the similar period previous year.

The company announced that earnings without onetime items moved down 3% to 67 cents a share.

Its competitors include BASF SE BASF SE REG SHS (LON:BFA) that rose +1.17% to $75.85 with the total traded volume of 50,610.00 shares and Diageo plc (ADR) (NYSE:DEO) that increased +0.078% to $120.23with the total traded volume of 232,086.00 shares.

Other Consumer Goods stocks with bullish trend include Anheuser-Busch InBev NV (ADR) (NYSE:BUD) up +2.65% to $90.95, Green Mountain Coffee Roasters Inc (NASDAQ:GMCR) up 1.47% to $46.20 and International Paper Company (NYSE:IP) up 1.47% to $42.03, whereas with bearish trend include Coach, Inc (NYSE:COH) down -1.31% to $50.29, Pitney Bowes Inc (NYSE:PBI) down -1.80% to $14.15 and Sodastream International Ltd (NASDAQ:SODA) down -1.21% to $47.51.

BEAM Inc (NYSE:BEAM) after opening at $61.14 hit high price of $61.59 and then trading at $60.66 by plunging -1.11% and on current session volume of 718,434.00 shares is higher than its average volume of 703,471.00 shares.

The stock price volatility was 1.23% for a week and 1.38% for a month as well as price volatility’s Average True Range for 14 days was 0.90 and its beta remained 1.51.

The liquidity measure in recent quarter results of the company was recorded 2.89 as current ratio and on the other side the debt to equity ratio was 0.56 and long-term debt to equity ratio remained 0.50. The Company had total cash at hand $147.50 million and a book value per share as $28.14 in the most recent quarter.

BEAM generated revenue of 2.39 billion in the following twelve months and earned $3.67.90 million. The Company showed a positive 15.38% in the net profit margin and as well as in its operating margin which remained 22.56%. Company’s annual sales growth for the past five year was 2.39%.

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