Sturm Ruger (RGR) Tops Q1 EPS by 18c, Approves $100M Buyback

Sturm Ruger (NYSE: RGR) reported Q1 EPS of $1.21, $0.18 better than the analyst estimate of $1.03. Revenue for the quarter came in at $167.4 million versus the consensus estimate of $159.35 million.

In addition, the Company announced that its Board of Directors expanded its authorization to repurchase shares of its common stock to $100 million. The previous authorization was depleted by the recent share repurchases.

For earnings history and earnings-related data on Sturm Ruger (RGR) click here.

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