American Outdoor Brands Corporation (NASDAQ:AOBC) posted its earnings results on Thursday. The company reported $0.02 EPS for the quarter, missing the Zacks’ consensus estimate of $0.11 by $0.09, Briefing.com reports. The firm had revenue of $129.02 million for the quarter, compared to analyst estimates of $147.24 million. American Outdoor Brands Corporation had a return on equity of 37.76% and a net margin of 13.87%. The firm’s revenue for the quarter was down 37.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.66 EPS. American Outdoor Brands Corporation updated its Q2 guidance to $0.07-0.12 EPS and its FY18 guidance to $1.04-1.24 EPS.

American Outdoor Brands Corporation (NASDAQ:AOBC) remained flat at $16.94 during trading on Thursday. The company had a trading volume of 2,043,801 shares. The stock’s 50 day moving average is $19.03 and its 200 day moving average is $20.82. American Outdoor Brands Corporation has a 12-month low of $16.00 and a 12-month high of $29.25. The stock has a market cap of $912.81 million, a PE ratio of 7.53 and a beta of 0.11.

ILLEGAL ACTIVITY NOTICE: “American Outdoor Brands Corporation (AOBC) Posts Earnings Results, Misses Expectations By $0.09 EPS” was first reported by American Banking News and is the property of of American Banking News. If you are reading this piece of content on another domain, it was stolen and reposted in violation of US & international trademark & copyright laws. The correct version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/09/07/american-outdoor-brands-corporation-aobc-posts-earnings-results-misses-expectations-by-0-09-eps.html.

AOBC has been the topic of several recent research reports. Vetr upgraded American Outdoor Brands Corporation from a “hold” rating to a “buy” rating and set a $23.59 price target on the stock in a research report on Wednesday, May 10th. Aegis restated a “buy” rating and issued a $25.00 price target on shares of American Outdoor Brands Corporation in a research report on Monday, August 21st. ValuEngine upgraded American Outdoor Brands Corporation from a “hold” rating to a “buy” rating in a research report on Wednesday, August 23rd. Forward View restated a “hold” rating on shares of American Outdoor Brands Corporation in a research report on Wednesday, July 5th. Finally, Zacks Investment Research upgraded American Outdoor Brands Corporation from a “sell” rating to a “hold” rating in a research report on Tuesday, July 4th. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, three have given a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $22.30.

About American Outdoor Brands Corporation

American Outdoor Brands Corporation, formerly Smith & Wesson Holding Corporation, is a manufacturer of firearms and a provider of accessory products for the shooting, hunting and outdoor enthusiast. The Company operates through two segments. The Firearms segment manufactures handgun and long gun products sold under the Smith & Wesson, M&P and Thompson/Center Arms brands, as well as providing forging, machining and precision plastic injection molding services.

Earnings History for American Outdoor Brands Corporation (NASDAQ:AOBC)

Receive News & Ratings for American Outdoor Brands Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for American Outdoor Brands Corporation and related companies with MarketBeat.com's FREE daily email newsletter.