Vista Outdoor Reports FY20 Fourth Quarter and Improved Full-Year Operating Results
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Vista Outdoor (VSTO) Tops Q4 EPS by 5c, Revenues MIss; Offers 1Q EPS/Revenue Guidance Below Consensus
May 7, 2020 7:08 AM EDTVista Outdoor (NYSE: VSTO) reported Q4 EPS of $0.11, $0.05 better than the analyst estimate of $0.06. Revenue for the quarter came in at $426 million versus the consensus estimate of $454.89 million.
"Our results exceeded our expectations for the fourth quarter and full fiscal year," said Chris Metz, Vista Outdoor Chief Executive Officer. "In this challenging environment brought on by the COVID-19 pandemic, we delivered strong financial performance, met our revenue expectations, and exceeded our expectations for adjusted EPS and free cash flow. Overall, the impact of the COVID-19 pandemic on our operations in the fourth quarter was... More
