American Outdoor Brands (AOBC) Releases Q3 Earnings Guidance
American Outdoor Brands (NASDAQ:AOBC) issued an update on its third quarter earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of $0.07-0.10 for the period, compared to the Thomson Reuters consensus estimate of $0.42. The company issued revenue guidance of $170-180 million, compared to the consensus revenue estimate of $210.56 million.American Outdoor Brands also updated its FY18 guidance to $0.57-0.67 EPS.
American Outdoor Brands (AOBC) traded down $0.06 during mid-day trading on Thursday, hitting $14.24. 1,328,000 shares of the company traded hands, compared to its average volume of 1,406,683. The company has a debt-to-equity ratio of 0.41, a quick ratio of 0.80 and a current ratio of 1.63. The company has a market capitalization of $772.22, a PE ratio of 7.41, a price-to-earnings-growth ratio of 0.89 and a beta of -0.13. American Outdoor Brands has a one year low of $12.87 and a one year high of $24.49.
American Outdoor Brands (NASDAQ:AOBC) last posted its quarterly earnings data on Thursday, September 7th. The company reported $0.02 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.11 by ($0.09). The company had revenue of $129.02 million during the quarter, compared to the consensus estimate of $147.24 million. American Outdoor Brands had a return on equity of 27.91% and a net margin of 10.96%. The firm’s revenue for the quarter was down 37.7% on a year-over-year basis. During the same quarter last year, the company posted $0.66 earnings per share. equities analysts anticipate that American Outdoor Brands will post 1.07 earnings per share for the current fiscal year.
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American Outdoor Brands Company Profile
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.
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