Smith & Wesson Q4 Revenue Seen Rebounding 8.4% After Prior 15.7% Decline
Smith & Wesson posted Q3 revenues of $124.7M, down 3.9% year-on-year, while beating both EPS and EBITDA estimates last quarter. Analysts expect Q4 revenue to rebound 8.4% after a 15.7% drop a year earlier, and have maintained forecasts ahead of Thursday’s after-hours report.
1. Earnings Release Scheduled After Market Close
Smith & Wesson will report its Q4 earnings this Thursday after market hours, marking a critical update on its fiscal performance for investors.
2. Q3 Performance and Analyst Beats
In its last quarter, Smith & Wesson generated $124.7 million in revenue, a 3.9% year-on-year decline, yet surpassed analysts’ estimates for revenue, EPS and EBITDA.
3. Q4 Revenue Expectations and Analyst Consensus
Analysts forecast Q4 revenue growth of 8.4% compared to last year’s 15.7% decline and have maintained their revenue and earnings projections ahead of the report, despite a history of multiple revenue misses over the past two years.
4. Peer Comparisons and Share Performance
In the leisure products segment, MasterCraft and Latham posted revenue increases of 13.2% and 14.5% respectively, while Smith & Wesson’s shares have risen 6.7% over the past month versus a 1.6% segment decline, with an average analyst price target of $13.50 compared to the current $11.87 share price.