Ammo Inc expected to post a loss of 3 cents a share - Earnings Preview

Reuters11-19

* Ammo Inc is expected to show a fall in quarterly revenue when it reports results on November 21 (estimated) for the period ending September 30 2024

* The Scottsdale Arizona-based company is expected to report a 0.9% decrease in revenue to $34.05 million from $34.37 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

* LSEG's mean analyst estimate for Ammo Inc is for a loss of 3 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 Ammo Inc is $2.25, above its last closing price of $1.22.

This summary was machine generated November 19 at 11:01 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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