Ammo Inc reports results for the quarter ended in December - Earnings Summary

Outdoor Holding

14/02/2023 22:02

* Ammo Inc  POWW.OQ  reported a quarterly adjusted loss of 4
cents​​ per share for the quarter ended in December. The mean
expectation of three analysts for the quarter was for a loss of
one cent per share.
    * Revenue fell 40.2% to $38.71 million from a year ago;
analysts
expected $54.24 million. 
    * Ammo Inc's reported EPS for the quarter was a loss of 4
cents​.
    * The mean earnings estimate of analysts had fallen by
about 137.5% in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Ammo Inc shares had risen by 28.3% this quarter.
    * The company reported a quarterly loss of $4.89 million.
    * Wall Street's median 12-month price target for Ammo Inc is
$5.00
    * 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." 

This summary was machine generated from Refinitiv data February
14 at 10:02 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      -0.01          -0.04          Missed
 Sep. 30 2022      0.04           -0.01          Missed
 Jun. 30 2022      0.07           0.02           Missed
 Mar. 31 2022      0.09           0.00           Missed