Smith & Wesson (SWHC): Buy Weakness, Says Lake Street
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Smith & Wesson (SWHC) Tops Q2 EPS by 2c; Guides Q3, FY15 Below Expectations
December 4, 2014 4:11 PM ESTSmith & Wesson (NASDAQ: SWHC) reported Q2 EPS of $0.09, $0.02 better than the analyst estimate of $0.07. Revenue for the quarter came in at $108.4 million versus the consensus estimate of $105.8 million.
James Debney, Smith & Wesson Holding Corporation President and Chief Executive Officer, stated, "Results for the second quarter met our expectations as we continued to navigate the consumer firearm market as it returns to a more normalized environment. We again expanded our line of M&® firearms by adding four new competition-ready pistol models with the launch of our M&P Performance Center® Ported series. These new... More
