American Outdoor Brands Q1 EPS $0.01 Beats $(0.03) Estimate, Sales $43.45M Beat $41.96M Estimate
Portfolio Pulse from Bill Haddad
American Outdoor Brands (NASDAQ:AOUT) reported Q1 earnings of $0.01 per share, beating the analyst consensus estimate of $(0.03) by 133.33%. The company also reported quarterly sales of $43.45 million, surpassing the analyst consensus estimate of $41.96 million by 3.54%. However, this represents a 0.53% decrease over sales of $43.68 million from the same period last year.
September 07, 2023 | 8:12 pm
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American Outdoor Brands reported better than expected Q1 earnings and sales. However, sales decreased by 0.53% compared to the same period last year.
American Outdoor Brands reported Q1 earnings and sales that beat analyst estimates, which is generally positive for the stock. However, the slight decrease in sales compared to the same period last year might temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100