American Outdoor Brands Q4 EPS $0.06 Beats $(0.13) Estimate, Sales $42.20M Beat $39.28M Estimate
Portfolio Pulse from Benzinga Newsdesk
American Outdoor Brands (NASDAQ:AOUT) reported Q4 earnings of $0.06 per share, beating the analyst consensus estimate of $(0.13) by 146.15%. However, this is a 57.14% decrease from the same period last year. The company also reported quarterly sales of $42.20 million, beating the analyst consensus estimate of $39.28 million by 7.43%, but this is an 8.05% decrease from the same period last year.
June 28, 2023 | 8:12 pm
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NEUTRAL IMPACT
American Outdoor Brands reported better than expected Q4 earnings and sales, but both are down from the same period last year.
While the company beat estimates, the year-on-year decreases in earnings and sales could potentially offset any positive impact from beating estimates.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100