American Outdoor Brands Inc reports results for the quarter ended April 30 - Earnings Summary

• American Outdoor Brands Inc AOUT.OQ reported quarterly adjusted earnings of 13 cents​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported breakeven earnings per share. The mean expectation of two analysts for the quarter was for a loss of 11 cents per share. Wall Street expected results to range from -20 cents to -2 cents per share.

• Revenue rose 33.8% to $61.94 million from a year ago; analysts expected $48.46 million.

• American Outdoor Brands Inc's reported EPS for the quarter was a loss of 8 cents​.

• The company reported a quarterly loss of $989 thousand.

• American Outdoor Brands Inc shares had fallen by 10.1% this quarter and lost 28.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the recreational products peer group is also "buy"

• Wall Street's median 12-month price target for American Outdoor Brands Inc is $17.75, about 38.4% above its last closing price of $10.93

This summary was machine generated from LSEG data June 26 at 09:00 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)