Sturm Ruger & Company Inc RGR.N reported a quarterly adjusted loss of $1.05 per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 47 cents. The lone analyst forecast for the quarter was for earnings of 38 cents per share.
Revenue rose 1.3% to $132.49 million from a year ago; analysts expected $117.90 million.
Sturm Ruger & Company Inc shares had fallen by 2.7% this quarter and lost 1.3% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had fallen by about 37.7% 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 $41.00, about 15.6% above its last closing price of $34.62
This summary was machine generated from LSEG data July 30 at 09:55 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)