American Outdoor Brands's Return On Capital Employed Insights
Portfolio Pulse from Benzinga Insights
American Outdoor Brands (NASDAQ:AOUT) reported Q4 sales of $42.20 million, a decrease from Q3's $50.89 million. The company also reported a Q4 loss of $3.84 million, a 33.99% increase from Q3's loss of $2.86 million. The company's Return on Capital Employed (ROCE) for Q4 was -0.02%, suggesting ineffective capital allocation. However, the company beat analyst predictions with Q4 earnings per share at $0.06/share.
June 29, 2023 | 2:45 pm
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NEGATIVE IMPACT
American Outdoor Brands reported a decrease in sales and an increase in loss for Q4. The company's negative ROCE suggests ineffective capital allocation. However, the company beat analyst predictions with Q4 earnings per share at $0.06/share.
The decrease in sales and increase in loss for Q4, along with the negative ROCE, suggest that American Outdoor Brands may be struggling with capital allocation and profitability. This could negatively impact the company's stock price in the short term. However, the fact that the company beat analyst predictions for Q4 earnings per share could mitigate some of this negative impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100