Smith & Wesson (SWHC) reported earnings Thur 3 March 16 (a/h)

** charts before earnings **

 

** charts after earnings **

 

Smith & Wesson beats by $0.18, beats on revs; guides Q4 EPS above consensus  :

• Reports Q3 (Jan) earnings of $0.59 per share, excluding non-recurring items, $0.18 better than the Capital IQ Consensus of $0.41; revenues rose 61.4% year/year to $210.8 mln vs the $179.08 mln Capital IQ Consensus. Gross margin for the quarter was 41.1% compared with 33.6% for the comparable quarter last year. Quarterly non-GAAP Adjusted EBITDAS was $61.5 million, or 29.2% of net sales.
• Co issues upside guidance for Q4, sees EPS of $0.51-0.53, excluding non-recurring items, vs. $0.47 Capital IQ Consensus Estimate; sees revs of $210-215 mln vs $195.9 mln Capital IQ consensus.