Sturm Ruger & Company Inc expected to post earnings of 67 cents a share - Earnings Preview

Sturm, Ruger & Company

20/02/2024 01:36

* Sturm Ruger & Company Inc  RGR.N   RGR  is expected
to show a
fall in quarterly revenue when it reports  results on February
21 for the period ending December 31 2023
    * The Southport Connecticut-based  company is expected to
report a
10.4% decrease in revenue to $133.754 million from $149.22
million a year ago, according to the mean estimate from 2
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for Sturm Ruger & Company
Inc is
for earnings of 67 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "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 Sturm Ruger
&
Company Inc is $62.00​, above​ its last closing price of $43.24.
​​​

This summary was machine generated February 20 at 01:36 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)