Vista Outdoor (VSTO) reported earnings on Thur 9 Aug 2018 (b/o)

** charts after earnings **

 

Vista Outdoor beats by $0.11, misses on revs; guides FY19 EPS in-line, revs below consensus 

• Reports Q1 (Jun) net of breakeven, excluding non-recurring items, $0.11 better thanthe Capital IQ Consensus of ($0.11); revenues fell 7.0% year/year to $528.84 mln vs the $542.54 mln Capital IQ Consensus.
• Co issues guidancefor FY19, sees EPS of $0.15-0.35, excluding non-recurring items, vs. $0.22 Capital IQ Consensus Estimate; sees FY19 revs of $2.1-2.16 bln vs. $2.25 bln Capital IQ Consensus Estimate.
  • Capital expenditures of approximately $60 million
  • Free cash flow in a range of $70 million to $100 million, compared to previous free cash flow guidance in a range of $55 million to $85 million
  • The company also expects FY19 EBITDA margins in a range of approximately 7.5 percent to 8 percent.