On Thursday, November 7, Vista Outdoor VSTO will report its last quarter's earnings. Here is Benzinga's preview of the company's release.
Earnings and Revenue
Wall Street expects an EPS loss of 10 cents and sales around $460.61 million.
In the same quarter last year, Vista Outdoor reported EPS of 5 cents on revenue of $546.59 million. Sales would have fallen 15.73% from the same quarter last year. Vista Outdoor's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q1 2020 | Q4 2019 | Q3 2019 | Q2 2019 |
EPS Estimate | -0.060 | 0.130 | 0.07 | 0.02 |
EPS Actual | -0.080 | 0.010 | 0.09 | 0.05 |
Stock Performance
Over the past 52-week period, shares of Vista Outdoor have declined 48.94%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.
Analyst estimates are adjusted lower for EPS and revenues over the past 90 days. Analysts generally rate Vista Outdoor stock as Neutral. The strength of this rating has maintained conviction over the past three months.
Conference Call
Vista Outdoor is scheduled to hold a conference call at 9:00 a.m. ET and it can be accessed here: https://78449.choruscall.com/dataconf/productusers/vsto/mediaframe/33101/indexr.html
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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