American Outdoor Brands, Inc. (AOUT) Beats Q2 Earnings and Revenue Estimates

Company Performance - American Outdoor Brands, Inc. (AOUT) reported quarterly earnings of $0.37 per share, exceeding the Zacks Consensus Estimate of $0.22 per share, and up from $0.25 per share a year ago, representing an earnings surprise of 68.18% [1] - The company posted revenues of $60.23 million for the quarter ended October 2024, surpassing the Zacks Consensus Estimate by 13.01%, compared to year-ago revenues of $57.93 million [2] - Over the last four quarters, the company has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Stock Performance and Outlook - American Outdoor Brands shares have increased approximately 19.1% since the beginning of the year, while the S&P 500 has gained 27.6% [3] - The current consensus EPS estimate for the upcoming quarter is $0.18 on revenues of $55.8 million, and for the current fiscal year, it is $0.51 on revenues of $200.6 million [7] - The estimate revisions trend for American Outdoor Brands is mixed, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Context - The Leisure and Recreation Products industry, to which American Outdoor Brands belongs, is currently in the bottom 30% of over 250 Zacks industries, which may impact stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that industry outlook can materially affect stock performance [5][8]