Johnson Outdoor (JOUT) Reports Q1 Loss, Tops Revenue Estimates
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Johnson Outdoor (JOUT) reported a Q1 loss of $1.49 per share, which was larger than the Zacks Consensus Estimate of a $1.30 loss. This is a significant decline from the $0.38 earnings per share reported a year ago. However, the company exceeded revenue estimates.
February 03, 2025 | 1:30 pm
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Johnson Outdoor reported a larger-than-expected Q1 loss of $1.49 per share, missing the Zacks Consensus Estimate of a $1.30 loss. This marks a significant decline from last year's $0.38 earnings per share. Despite the loss, the company exceeded revenue estimates.
The larger-than-expected loss per share is likely to negatively impact JOUT's stock price in the short term. However, the fact that the company exceeded revenue estimates may mitigate some of the negative sentiment.
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