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UPDATE 1-Boston Beer raises FY09 earnings view

* Raises FY09 EPS view by 30 cents

* Sees favorable commodity, energy costs through 2009

* Shares up 5 pct in after-hours trade

Dec 15 (Reuters) - Boston Beer Co Inc SAM.N raised its full-year 2009 earnings outlook citing earlier-than-anticipated improvement in brewery operating performance and expectations of favorable energy and commodity costs, sending its shares up 5 percent in after-market trade.

The company, which sells flavored malt beverages under the Twisted Tea brand and cider products under the HardCore Cider brand, projected earnings of $2.05 a share to $2.35 a share, up from its prior view of $1.75 a share to $2.05 a share.

This is the second time in little more than a month that Boston Beer, which makes Samuel Adams beer, has raised its earnings forecast.

Shares of the Boston-based company were up $2.34 at $44.99 after the bell. They closed at $42.65 Tuesday on the New York Stock Exchange. (Reporting by Viraj Nair in Bangalore; Editing by Unnikrishnan Nair) ((viraj.nair@thomsonreuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 4135 5800; Reuters Messaging: viraj.nair.reuters.com@reuters.net))

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