Smith & Wesson (SWHC) Tops Q1 EPS by 10c; Issues Strong Q2, FY16 Outlook

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Cowen Remains Bullish on Smith & Wesson (SWHC) Following 1Q16 Results

August 28, 2015 7:59 AM EDT

Cowen reiterated an Outperform rating and $20.00 price target on Smith & Wesson Holding (NASDAQ: SWHC) following the company's 1Q16 earnings results. Q1 EPS of 26¢ easily beat guidance of 13-15¢. Reported sales of $148MM beat guidance by $3-8MM. SWHC raised EPS guidance by 14¢ to... More