BOSTON (AP) — BOSTON (AP) — Boston Beer Co. (SAM) on Thursday reported second-quarter net income of $52.3 million.

On a per-share basis, the Boston-based company said it had profit of $4.39.

The results fell short of Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of $4.99 per share.

The brewer posted revenue of $614.2 million in the period. Its adjusted revenue was $579.1 million, also missing Street forecasts. Five analysts surveyed by Zacks expected $594.6 million.

Boston Beer expects full-year earnings to be $7 to $11 per share.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SAM at https://www.zacks.com/ap/SAM