Recap: American Outdoor Brands Q4 Earnings
Portfolio Pulse from Benzinga Insights
American Outdoor Brands (NASDAQ:AOUT) reported Q4 earnings, beating estimated earnings by 146.15% with an EPS of $0.06, against an estimate of $-0.13. However, revenue was down $3.69 million from the same period last year. Last quarter, the company missed on EPS by $0.1, which led to a 3.9% drop in the share price the next day.
June 28, 2023 | 8:30 pm
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American Outdoor Brands reported a significant beat on Q4 earnings estimates but saw a decrease in revenue compared to the same period last year.
While the company significantly beat earnings estimates, which is generally positive for the stock, the decrease in revenue compared to the same period last year could offset this positive impact. The net effect on the stock price is uncertain in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100