American Outdoor Brands Inc reports results for the quarter ended in January - Earnings Summary

American Outdoor Brands

08/03/2024 24:11

* American Outdoor Brands Inc  AOUT.OQ  reported quarterly
adjusted earnings of 8 cents​​ per share for the quarter ended
in January, lower than the same quarter last year, when the
company reported EPS of 13 cents.  The mean expectation of
two analysts for the quarter was for earnings of 5 cents per
share. Wall Street expected results to range from 3 cents to 7
cents per share.
    * Revenue rose 5% to $53.43 million from a year ago;
analysts
expected $51.17 million. 
    * American Outdoor Brands Inc's reported EPS for the quarter
was a
loss of 23 cents​.
    * The company reported a quarterly loss of $2.91 million.
    * American Outdoor Brands Inc shares had fallen by 5.1% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 199.9%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the recreational
products peer group is also "buy"

Wall Street's median 12-month price target for American Outdoor
Brands Inc is $10.75 
This summary was machine generated from LSEG data March 8 at
12:10 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jan. 31 2024      0.05           0.08           Beat
 Oct. 31 2023      0.20           0.25           Beat
 Jul. 31 2023      0.00           0.01           Beat
 Apr. 30 2023      -0.13          0.06           Beat