AMMO Q4 EPS $0.01 Beats $(0.01) Estimate, Sales $40.42M Beat $37.90M Estimate
Portfolio Pulse from Benzinga Newsdesk
AMMO (NASDAQ:POWW) reported Q4 earnings of $0.01 per share, beating the analyst estimate of $(0.01) by 200%. Sales were $40.42M, surpassing the $37.90M estimate by 6.65%. However, both earnings and sales decreased compared to the same period last year.
June 13, 2024 | 8:11 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
AMMO reported Q4 earnings of $0.01 per share, beating the analyst estimate of $(0.01) by 200%. Sales were $40.42M, surpassing the $37.90M estimate by 6.65%. However, both earnings and sales decreased compared to the same period last year.
The positive earnings surprise and sales beat are likely to have a short-term positive impact on the stock price. However, the year-over-year decline in both earnings and sales may temper some of the enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100