Bullish indicating open at $55-$60, IPO prices at $37
Investing.com - American Outdoor Brands reported on Thursday first quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
American Outdoor Brands announced earnings per share of $0.01 on revenue of $43.68M. Analysts polled by Investing.com EPS of $0.07 on revenue of $44.48M.
American Outdoor Brands 's are down 19% and is trading at $8.44 , still down 69.03% from its 52 week high of $27.25 set on Friday, September 10, 2021.
American Outdoor Brands follows other major Consumer Discretionary sector earnings this month
American Outdoor Brands's report follows an earnings beat by Home Depot on Tuesday, August 16, 2022, who reported EPS of $5.05 on revenue of $43.79B, EPS of $4.95 on revenue of $43.36B.
Lowe’s had beat expectations on Wednesday, August 17, 2022 with second quarter EPS of $4.67 on revenue of $27.48B, for EPS of $4.58 on revenue of $28.12B.
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