American Outdoor Brands (AOBC) Q3 Revenue Misses Views; Warns for Q4, FY
American Outdoor Brands (NASDAQ: AOBC) reported Q3 EPS of $0.09, $0.01 better than the analyst estimate of $0.08. Revenue for the quarter came in at $157.8 million versus the consensus estimate of $172.54 million.
Sees Q4 EPS of $0.09-$0.11, versus the consensus of $0.38. Sees revenue of $162-$166 million, versus the consensus of $205.6 million.
Sees FY EPS of $0.31-$0.33, versus the consensus of $1.05. Sees revenue of $597-$601 million, versus the consensus of $655.6 million.
NET SALES AND EARNINGS PER SHARE GUIDANCE, INCLUDING GAAP TO NON-GAAP RECONCILIATION(Unaudited) | ||||||||
Range for the Three Months Ending April 30, 2018 | Range for the Year Ending April 30, 2018 | |||||||
Net sales (in thousands) | $ 162,000 | $ 166,000 | $ 597,000 | $ 601,000 | ||||
GAAP income per share - diluted | $ 0.01 | $ 0.03 | $ 0.24 | $ 0.26 | ||||
Amortization of acquired intangible assets | 0.10 | 0.10 | 0.38 | 0.38 | ||||
Acquisition-related costs | — | — | 0.01 | 0.01 | ||||
Transition costs | — | — | 0.01 | 0.01 | ||||
Change in contingent consideration | — | — | (0.02) | (0.02) | ||||
Tax Reform | 0.02 | 0.02 | (0.15) | (0.15) | ||||
Tax effect of non-GAAP adjustments | (0.04) | (0.04) | (0.16) | (0.16) | ||||
Non-GAAP income per share - diluted | $ 0.09 | $ 0.11 | $ 0.31 | $ 0.33 | ||||
(Street sees Q1 EPS of $0.38 on revenue of $205.6 and FY EPS of $1.05 on revenue of $655.6 million)
For earnings history and earnings-related data on American Outdoor Brands (AOBC) click here.