Smith & Wesson (SWHC) Turns Negative into Q3 Results; Strong EPS Growth Expected
Tweet Send to a FriendGet Alerts SWHC Hot Sheet
Down)
Trade SWHC Now!
Smith & Wesson (Nasdaq: SWHC) has moved into negative territory Tuesday afternoon, heading into the company's third-quarter 2013 report.
Currently, the Street is looking for Smith & Wesson to report revs of $133.7 million and EPS of 23 cents. Numbers compare with revs of $98.1 million and EPS of just 8 cents in the same period last year.
Traders will note that Sturm Ruger & Co. (NYSE: RGR) posted quarterly EPS of $1.00 on revs of $141.8 million, topping views calling for EPS of 94 cents and revs of $124 million.
Largely, the gains are expected as anticipation of new, stricter guns laws sent many into a buying frenzy. Any sort of guidance Smith & Wesson can offer on the call will almost be more important than actual results.
Volume on the move today is at about 5.3 million shares, versus the daily average of 4.7 million. The stock is currently down 0.4 percent.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
Currently, the Street is looking for Smith & Wesson to report revs of $133.7 million and EPS of 23 cents. Numbers compare with revs of $98.1 million and EPS of just 8 cents in the same period last year.
Traders will note that Sturm Ruger & Co. (NYSE: RGR) posted quarterly EPS of $1.00 on revs of $141.8 million, topping views calling for EPS of 94 cents and revs of $124 million.
Largely, the gains are expected as anticipation of new, stricter guns laws sent many into a buying frenzy. Any sort of guidance Smith & Wesson can offer on the call will almost be more important than actual results.
Volume on the move today is at about 5.3 million shares, versus the daily average of 4.7 million. The stock is currently down 0.4 percent.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- J.P. Morgan (JPM) CEO Dimon Might Have Enough Votes to Stay Chairman - NY Times
- UPDATE: Cubist Pharmaceuticals (CBST) Spikes to Session Highs
- Dry Bulkers on Watch as Diana Shipping (DSX) Swings to Q1 Loss (DRYS) (FREE)
Create E-mail Alert Related Categories
Insiders' Blog, Trader Talk
Login with Facebook
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
