Investing.com - Sturm Ruger&Company reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Sturm Ruger&Company announced earnings per share of $1.03 on revenue of $139.4M. Analysts polled by Investing.com anticipated EPS of $1.36 on revenue of $148.27M.
Sturm Ruger&Company shares are down 32% from the beginning of the year , still down 31.94% from its 52 week high of $81.72 set on Wednesday, November 3, 2021.
Sturm Ruger&Company follows other major Consumer Discretionary sector earnings this month
Sturm Ruger&Company's report follows an earnings beat by Amazon.com on Thursday, October 27, 2022, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1.03 on revenue of $22.5B.
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