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VirTra, Inc. (VTSI) Q3 Earnings Meet Estimates
VirTraVirTra(US:VTSI) ZACKS·2024-11-12 23:41

Core Viewpoint - VirTra, Inc. reported quarterly earnings of $0.05 per share, matching the Zacks Consensus Estimate, but down from $0.15 per share a year ago [1] - The company posted revenues of $7.48 million for the quarter, exceeding the Zacks Consensus Estimate by 9.98%, but slightly down from $7.56 million year-over-year [2] Financial Performance - Earnings per share (EPS) for the latest quarter was $0.05, consistent with estimates, while the previous quarter's EPS was $0.11, which was a 10% surprise over the expected $0.10 [1] - The company has surpassed consensus EPS estimates two times in the last four quarters [1] - Revenue for the quarter was $7.48 million, which is a decrease from $7.56 million year-over-year, but has topped consensus revenue estimates two times in the last four quarters [2] Stock Performance - VirTra shares have declined approximately 26.4% since the beginning of the year, contrasting with the S&P 500's gain of 25.8% [3] - The current Zacks Rank for VirTra is 3 (Hold), indicating expected performance in line with the market in the near future [6] Future Outlook - The consensus EPS estimate for the upcoming quarter is $0.07 on revenues of $8.09 million, and for the current fiscal year, it is $0.34 on revenues of $29.07 million [7] - The outlook for the Electronics - Military industry, where VirTra operates, is currently in the top 35% of Zacks industries, suggesting a favorable environment for stock performance [8]