{"id":193420,"date":"2023-09-08T15:39:20","date_gmt":"2023-09-08T15:39:20","guid":{"rendered":"https:\/\/tokenstalk.info\/?p=193420"},"modified":"2023-09-08T15:39:20","modified_gmt":"2023-09-08T15:39:20","slug":"better-than-expected-quarterly-earnings-drives-smith-wesson-shares-up","status":"publish","type":"post","link":"https:\/\/tokenstalk.info\/bitcoin\/better-than-expected-quarterly-earnings-drives-smith-wesson-shares-up\/","title":{"rendered":"Better-than-expected Quarterly Earnings Drives Smith &amp; Wesson Shares Up"},"content":{"rendered":"<p> Shares of firearm maker Smith &#038; Wesson Brands, Inc. (SWBI) are rising more than 12% Friday morning after reporting better-than-expected first-quarter results.<\/p>\n<p>The company reported net income of $3.12 million, or $0.07 per share, lower than $3.31 million, or $0.07 per share, in the same quarter a year ago.<\/p>\n<p>Excluding special items, earnings were $6.1 million or $0.13 per share, that beat the consensus estimate of analysts polled by Thomson-Reuters of $0.05 per share.<\/p>\n<p>Net sales were $114.24 million, an increase of 35.4%, over the comparable quarter last year.<\/p>\n<p>SWBI is at $11.80 currently. It has traded in the range of $8.21 &#8211; $13.69 in the last 52 weeks. <\/p>\n<p>Source: <a href=\"https:\/\/www.rttnews.com\/3389160\/better-than-expected-quarterly-earnings-drives-smith-wesson-shares-up.aspx?utm_source=rttnews&#038;utm_campaign=stockalerthome\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Shares of firearm maker Smith &#038; Wesson Brands, Inc. (SWBI) are rising more than 12%&#8230;<\/p>\n","protected":false},"author":4,"featured_media":193419,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[42],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Better-than-expected Quarterly Earnings Drives Smith &amp; Wesson Shares Up - Tokens Talk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tokenstalk.info\/bitcoin\/better-than-expected-quarterly-earnings-drives-smith-wesson-shares-up\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Better-than-expected Quarterly Earnings Drives Smith &amp; Wesson Shares Up - Tokens Talk\" \/>\n<meta property=\"og:description\" content=\"Shares of firearm maker Smith &#038; Wesson Brands, Inc. 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