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

American Outdoor Brands

27/06/2024 22:21

* American Outdoor Brands Inc  AOUT.OQ  reported quarterly
breakeven results​​ per share for the quarter ended in January,
lower than the same quarter last year, when the company reported
EPS of 6 cents.  The mean expectation of two analysts for the
quarter was for a loss of 6 cents per share. Wall Street
expected results to range from -14 cents to 1 cents per share.
    * Revenue rose 9.7% to $46.30 million from a year ago;
analysts
expected $43.15 million. 
    * American Outdoor Brands Inc's reported EPS for the quarter
was a
loss of 42 cents​.
    * The company reported a quarterly loss of $5.3 million.
    * American Outdoor Brands Inc shares had fallen by 2.3% this
quarter and gained 2.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 $11.25 
This summary was machine generated from LSEG data June 27 at
09:21 p.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
 Apr. 30 2024      -0.06          0.00           Beat
 Jan. 31 2024      0.05           0.08           Beat
 Oct. 31 2023      0.20           0.25           Beat
 Jul. 31 2023      0.00           0.01           Beat