Earnings Preview For Smith & Wesson Brands
Portfolio Pulse from Benzinga Insights
Smith & Wesson Brands (NASDAQ:SWBI) is scheduled to release its quarterly earnings report on March 7, 2024. Analysts predict an EPS of $0.10. Historical data shows mixed reactions to past earnings, with the last quarter missing EPS estimates by $0.00, leading to a 9.08% drop in share price. Over the last 52 weeks, SWBI shares have increased by 27.62%, indicating a generally positive outlook from long-term shareholders.
March 06, 2024 | 2:01 pm
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Smith & Wesson Brands is expected to report an EPS of $0.10 for the upcoming quarter. Historical performance shows significant price movements post-earnings, with a recent 9.08% drop after missing EPS estimates. Shares have risen 27.62% over the past year, indicating positive investor sentiment.
The expected EPS of $0.10 sets a cautious outlook for SWBI, considering its recent 9.08% drop after missing estimates. However, the 27.62% annual increase in share price reflects a strong long-term investor confidence. The short-term impact is neutral due to the uncertainty of meeting or exceeding the EPS estimate and the potential influence of future guidance on stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100