AMMO Q4 Adj. EPS $0.03 Beats $(0.01) Estimate, Sales $43.70M Beat $37.18M Estimate
Portfolio Pulse from Benzinga Newsdesk
AMMO reported Q4 adjusted EPS of $0.03, beating estimates of $(0.01), and sales of $43.70M, surpassing the $37.18M estimate. However, this represents a decrease in earnings and sales compared to the same period last year.
June 14, 2023 | 8:06 pm
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AMMO's Q4 earnings beat estimates with EPS of $0.03 and sales of $43.70M, but both earnings and sales decreased compared to last year.
AMMO's Q4 results beat analyst estimates, which could have a positive impact on the stock price. However, the decrease in earnings and sales compared to the same period last year may offset the positive sentiment, resulting in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100