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

American Outdoor Brands

05/12/2024 22:01

* American Outdoor Brands Inc  AOUT.OQ  reported quarterly
adjusted earnings of 37 cents​​ per share for the quarter ended
October 31, higher than the same quarter last year, when the
company reported EPS of 25 cents.  The mean expectation of
two analysts for the quarter was for earnings of 21 cents per
share. Wall Street expected results to range from 19 cents to 22
cents per share.
    * Revenue rose 4% to $60.23 million from a year ago;
analysts
expected $53.23 million. 
    * American Outdoor Brands Inc's reported EPS for the quarter
was
24 cents​.
    * The company reported quarterly net income of $3.11
million.
    * American Outdoor Brands Inc shares had risen by 8.5% this
quarter and gained 19.0% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 18%
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 December 5 at
10:01 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
 Oct. 31 2024      0.21           0.37           Beat
 Jul. 31 2024      -0.06          0.06           Beat
 Apr. 30 2024      -0.06          0.00           Beat
 Jan. 31 2024      0.05           0.08           Beat