American Outdoor Brands Inc reports results for the quarter ended in July 31 - Earnings Summary

American Outdoor Brands

05/09/2024 22:01

* American Outdoor Brands Inc  AOUT.OQ  reported quarterly
adjusted earnings of 6 cents​​ per share for the quarter ended
July 31, higher than the same quarter last year, when the
company reported EPS of 1 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 -10 cents
to -3 cents per share.
    * Revenue fell 4.1% to $41.64 million from a year ago;
analysts
expected $41.08 million. 
    * American Outdoor Brands Inc's reported EPS for the quarter
was a
loss of 18 cents​.
    * The company reported a quarterly loss of $2.37 million.
    * American Outdoor Brands Inc shares had risen by 2.1% this
quarter and gained 9.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 425%
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 11.00 
This summary was machine generated from LSEG data September 5 at
09:00 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
 Jul. 31 2024      -0.06          0.06           Beat
 Apr. 30 2024      -0.06          0.00           Beat
 Jan. 31 2024      0.05           0.08           Beat
 Oct. 31 2023      0.20           0.25           Beat