Smith & Wesson Brands Inc reports results for the quarter ended October 31 - Earnings Summary
05/12/2024 22:00
* Smith & Wesson Brands Inc SWBI.OQ reported quarterly
adjusted
earnings of 11 cents per share for the quarter ended October
31, lower than the same quarter last year, when the company
reported EPS of 14 cents. The mean expectation of
three analysts for the quarter was for earnings of 17 cents per
share. Wall Street expected results to range from 13 cents to 20
cents per share.
* Revenue rose 1.7% to $127.13 million from a year ago;
analysts
expected $133.52 million.
* Smith & Wesson Brands Inc's reported EPS for the quarter
was 9
cents.
* The company reported quarterly net income of $4.13
million.
* Smith & Wesson Brands Inc shares had risen by 8.6% this
quarter and gained 4.0% 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 aerospace &
defense
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 December 5 at
10:00 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 0.17 0.11 Missed
Jul. 31 2024 -0.02 -0.02 Met
Apr. 30 2024 0.34 0.43 Beat
Jan. 31 2024 0.10 0.17 Beat