Smith & Wesson shares are trading higher after the company reported a Q4 earnings beat. The company also raised its quarterly dividend.
Portfolio Pulse from Benzinga Newsdesk
Smith & Wesson reported a Q4 earnings beat, leading to a surge in its share price. The company also announced an increase in its quarterly dividend.
June 23, 2023 | 9:07 am
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Smith & Wesson's Q4 earnings beat and increased dividend have led to a rise in its share price.
Smith & Wesson's better-than-expected Q4 earnings and increased dividend announcement have a direct positive impact on its share price, as investors react positively to the strong financial performance and higher returns.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100