Sturm, Ruger & Company, Inc. Reports First Quarter Diluted Earnings of 74¢ Per Share and Declares Dividend of 29¢ Per Share

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Go back to Sturm, Ruger & Company, Inc. Reports First Quarter Diluted Earnings of 74¢ Per Share and Declares Dividend of 29¢ Per Share

Sturm Ruger (RGR) Misses Q1 EPS by 12c, Revenues Miss

May 7, 2019 5:08 PM EDT

Sturm Ruger (NYSE: RGR) reported Q1 EPS of $0.74, $0.12 worse than the analyst estimate of $0.86. Revenue for the quarter came in at $114 million versus the consensus estimate of $132.5 million.

Chief Executive Officer Christopher J. Killoy made the following observations related to the Companys 2019 first quarter performance:

In the first quarter of 2019, net sales and earnings per share decreased 13% and 9%, respectively, from the first quarter of 2018... More