Sturm Ruger & Company Inc reports results for the quarter ended in September 30 - Earnings Summary

Sturm, Ruger & Company

31/10/2024 02:51

* Sturm Ruger & Company Inc  RGR.N  reported quarterly
adjusted
earnings of 28 cents​​ per share for the quarter ended September
30, lower than the same quarter last year, when the company
reported EPS of 42 cents.  The lone analyst forecast for the
quarter was for earnings of 56 cents per share. 
    * Revenue rose 1.2% to $122.29 million from a year ago;
analysts
expected $137.05 million. 
    * Sturm Ruger & Company Inc's reported EPS for the quarter
was 28
cents​.
    * The company reported quarterly net income of $4.74
million.
    * Sturm Ruger & Company Inc shares had fallen by 1.3% this
quarter and lost 9.5% 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 1 "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 Sturm Ruger &
Company Inc is 51.00 
This summary was machine generated from LSEG data October 31 at
02:50 a.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
 Sep. 30 2024      0.56           0.28           Missed
 Jun. 30 2024      0.76           0.47           Missed
 Mar. 31 2024      0.84           0.40           Missed
 Dec. 31 2023      0.67           0.58           Missed