Ammo Inc expected to post a loss of 1 cent a share - Earnings Preview

Outdoor Holding

12/06/2023 21:12

* Ammo Inc  POWW.OQ   POWW.O  is expected to show a fall in
quarterly revenue when it reports  results on June 14. 
    * The Scottsdale Arizona-based  company is expected to
report  a
47.0% decrease in revenue to $37.181 million from $70.1 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ammo Inc is for a
loss
of 1 cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Ammo Inc is
$3​,
above​ its last closing price of $2.03. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.00        -0.01      -0.04     Missed  -300
 Sep. 30 2022  0.04        0.04       -0.01     Missed  -127.3
 Jun. 30 2022  0.06        0.07       0.02      Missed  -70​
 Mar. 31 2022  0.07        0.09       0.00      Missed  -100
 ​​Dec.        0.08        0.10       0.07      Missed  -27.6
 31 2021                                                
 Sep. 30 2021  0.11        0.11       0.11      Met     4.8​
 Jun. 30 2021  0.07        0.07       0.13      Beat    100
 Mar. 31 2021  0.00        -0.01      -0.01     Met     -49.9
 This summary was machine generated June 12 at 20:12 GMT.  All
figures in US dollars  unless otherwise stated