UPDATE 1-Boston Beer posts 3rd-qtr loss, shares fall

* Boston Beer posts loss due to higher costs, cuts outlook

* Shares fall 12 percent after earnings

NEW YORK, Nov 4 (Reuters) - Boston Beer Co Inc (SAM.N) posted on Tuesday a quarterly net loss hammered by higher costs for raw, packaged materials and a recall, and pared its full year earnings outlook, sending shares down 12 percent in after-hours market trade.

The maker of Samuel Adams beers reported a net loss of $295,000, or 2 cents per common share, for the period ended September 27, compared with net income of $3.2 million, or 22 cents a share, a year earlier.

The company, which in April announced a recall of select bottles of Samuel Adams beer after safety checks at its Cincinnati brewery raised concerns that bottles may contain small grains or bits of glass, said the latest third quarter included a recall-related charge of $1.2 million.

In addition, operating expenses increased 10 percent due to higher goods sold, advertising, promotional and selling expenses.

The brewer said it increased prices by 5 percent the year to counter rising costs for barley and hops -- used to make beer -- and for packaging material such as aluminum and glass.

Net revenue rose 20 percent to $101.4 million. Core depletions, which is the total number of cases sold by a distributor to retailers, rose 12 percent during the quarter, while core shipment volume increased 6 percent, excluding the impact of replenishment shipments for the product recall.

The company cut its earnings per share for the full year to between 60 cents and 80 cents amid higher costs.

Excluding the impact of the recall, Boston Beer expects full year earnings between $1.60 and $1.80 per share, down from a previous estimated range of $1.70 to $2.

Shares of the company fell to $32.22 in after-hours trading on the New York Stock Exchange, after closing at $36.56.

(Reporting by Juan Lagorio, editing by Bernard Orr)