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

American Outdoor Brands

30/11/2023 22:02

* American Outdoor Brands Inc  AOUT.OQ  reported quarterly
adjusted earnings of 25 cents​​ per share for the quarter ended
in October, lower than the same quarter last year, when the
company reported EPS of 29 cents.  The mean expectation of
three analysts for the quarter was for earnings of 20 cents per
share. Wall Street expected results to range from 16 cents to 23
cents per share.
    * Revenue rose 6.4% to $57.93 million from a year ago;
analysts
expected $53.04 million. 
    * American Outdoor Brands Inc's reported EPS for the quarter
was 1
cent​.
    * The company reported quarterly net income of $77 thousand.
    * American Outdoor Brands Inc shares had fallen by 13.7%
this
quarter and lost 15.8% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 15.5%
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 3 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 
    * Wall Street's median 12-month price target for American
Outdoor
Brands Inc is $12.00 

This summary was machine generated from LSEG data November 30 at
10:01 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Oct. 31 2023      0.20           0.25           Beat
 Jul. 31 2023      0.00           0.01           Beat
 Apr. 30 2023      -0.13          0.06           Beat
 Jan. 31 2023      0.23           0.13           Missed