Investing.com - Smith & Wesson reported on Tuesday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Smith & Wesson announced earnings per share of $0.26 on revenue of $121M. Analysts polled by Investing.com anticipated EPS of $0.44 on revenue of $159.93M.
Smith & Wesson shares are down 33% from the beginning of the year , still down 37.70% from its 52 week high of $18.94 set on Wednesday, January 5, 2022.
Smith & Wesson shares lost 6.78% in after-hours trade the report.
Smith & Wesson follows other major Consumer Discretionary sector earnings this month
Smith & Wesson's report follows an earnings beat by Home Depot on Tuesday, November 15, 2022, who reported EPS of $4.24 on revenue of $38.9B, compared to forecasts EPS of $4.12 on revenue of $37.92B.
Alibaba ADR had beat expectations on Thursday, November 17, 2022 with fourth quarter EPS of $12.92 on revenue of $207.18B, compared to forecast for EPS of $11.74 on revenue of $208.52B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar