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Stockreport

Weapons maker Sturm Ruger misses on third-quarter revenue, earnings [MarketWatch]

STURM RUGER (RGR)  More Company Research Source: MarketWatch
Last sturm ruger earnings: 2/21 05:05 pm Check Earnings Report
US:NYSE Investor Relations: ruger.com/corporate/welcome.html
PDF Weapons maker Sturm Ruger misses on third-quarter revenue, earnings Sturm Ruger & Co. RGR, -1.00% shares edged up in the extended session Tuesday after the company released its third-quarter earnings. Sturm and Ruger shares rose less than 1% to $49.56 after hours. The company reported third-quarter net income of $9.3 million, or 53 cents a share, compared to $19.85 million, or $1.03 a share, in the year-ago period. Revenue fell to $104.8 million from $161.4 million in the year-ago period. Analysts surveyed by FactSet had estimated 60 cents a share on revenue of $126.2 million. For the fourth-quarter Wall Street models earnings of 74 cents a share on revenue of $139.2 million . Sturm Ruger stock has dropped nearly 6% this year, with the S&P 500 index SPX, +0.09% rising 14.9%. [Read more]

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