Smith & Wesson Brands Inc reports results for the quarter ended in April - Earnings Summary
20/06/2024 22:52
* Smith & Wesson Brands Inc SWBI.OQ reported quarterly
adjusted
earnings of 43 cents per share for the quarter ended in April,
higher than the same quarter last year, when the company
reported EPS of 28 cents. The mean expectation of
three analysts for the quarter was for earnings of 34 cents per
share. Wall Street expected results to range from 33 cents to 35
cents per share.
* Revenue rose 9.9% to $159.15 million from a year ago;
analysts
expected $156.80 million.
* Smith & Wesson Brands Inc's reported EPS for the quarter
was 57
cents.
* The company reported quarterly net income of $26.11
million.
* Smith & Wesson Brands Inc shares had fallen by 5.9% this
quarter and gained 20.5% so far this year.
FORECAST CHANGES
* The mean earnings estimate of analysts was unchanged 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."
* The average consensus recommendation for the recreational
products peer group is also "buy"
Wall Street's median 12-month price target for Smith & Wesson
Brands Inc is $18.00
This summary was machine generated from LSEG data June 20 at
09:52 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
Apr. 30 2024 0.34 0.43 Beat
Jan. 31 2024 0.10 0.17 Beat
Oct. 31 2023 0.14 0.14 Met
Jul. 31 2023 0.05 0.07 Beat