Firearms maker Smith & Wesson Holding Corp. (SWHC) said Thursday it expects to report fourth-quarter net income from continuing operations of about $0.44 per share, up from $0.27 per share last year. The company expects quarterly sales of
$179 million, up 38% from a year ago.
Analysts polled by Thomson Reuters expected earnings of $0.40 per share on revenues of $170.72 million. Analysts' estimates typically exclude one-time items.
The company's stock closed Thursday at $9.30, up 2.31%, on a volume of 1.5 million shares on the Nasdaq. In after hours, the stock gained $0.49 or 5.27%.
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