Smith & Wesson Brands Inc expected to post earnings of 14 cents a share - Earnings Preview

Reuters2023-12-06

* Smith & Wesson Brands Inc is expected to show a rise in quarterly revenue when it reports results for the period ending July 31 2023

* The Springfield Massachusetts-based company is expected to report a 2.4% increase in revenue to $123.899 million from $121.04 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.

* ​LSEG's mean analyst estimate for Smith & Wesson Brands Inc is for earnings of 14 cents per share.

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "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 Smith & Wesson Brands Inc is $13.50​, below​ its last closing price of $14.08. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jul. 31 2023 0.05 0.05 0.07 Beat 40

Apr. 30 2023 0.27 0.27 0.28 Beat 5

Jan. 31 2023 0.21 0.22 0.24 Beat 9.1​

Oct. 31 2022 0.41 0.40 0.21 Missed -47.1

​​Jul. 0.31 0.34 0.11 Missed -67.3

31 2022

Apr. 30 2022 0.68 0.69 0.82 Beat 19.4​

Jan. 31 2022 0.86 0.86 0.69 Missed -20

Oct. 31 2021 1.28 1.29 1.13 Missed -12.4

This summary was machine generated December 5 at 21:13 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)

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