Smith & Wesson Brands Inc expected to post a loss of 2 cents a share - Earnings Preview

Smith & Wesson Brands

03/09/2024 21:18

* Smith & Wesson Brands Inc  SWBI.OQ   SWBI.O  is expected
to show
a fall in quarterly revenue when it reports  results on
September 5 for the period ending July 31 2024
    * The Springfield Massachusetts-based  company is expected
to
report a 10.3% decrease in revenue to $102.525 million from
$114.24 million a year ago, according to the mean estimate from
2 analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Smith & Wesson Brands
Inc is
for a loss of 2 cents per share. 
    * 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."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Smith &
Wesson
Brands Inc is $18.00​, above​ its last closing price of $14.74.
​​​

This summary was machine generated September 3 at 20:18 GMT. 
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)