Company Performance - American Outdoor Brands, Inc. (AOUT) reported break-even quarterly earnings per share, compared to the Zacks Consensus Estimate of $0.01, and earnings of $0.06 per share a year ago, indicating an earnings surprise of -100% [1] - The company posted revenues of $46.3 million for the quarter ended April 2024, surpassing the Zacks Consensus Estimate by 7.17%, and compared to year-ago revenues of $42.2 million [1] - Over the last four quarters, the company has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [1] Stock Performance and Outlook - American Outdoor Brands shares have added about 2.4% since the beginning of the year, underperforming the S&P 500's gain of 14.9% [2] - The company's earnings outlook is crucial for investors, as empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions [3] - The current consensus EPS estimate for the coming quarter is $0.07 on $45.2 million in revenues, and $0.62 on $207.1 million in revenues for the current fiscal year [4] Industry Context - The Leisure and Recreation Products industry, to which American Outdoor Brands belongs, is currently in the bottom 15% of the Zacks industry rankings, which can materially impact stock performance [5] - Another company in the same industry, Pool Corp. (POOL), is expected to report quarterly earnings of $5.20 per share, representing a year-over-year change of -11.7%, with revenues expected to be $1.79 billion, down 3.6% from the year-ago quarter [5][6]
American Outdoor Brands, Inc. (AOUT) Reports Break-Even Earnings for Q4