Johnson Outdoor (JOUT) Q2 Earnings and Revenues Surpass Estimates

Group 1: Earnings Performance - Johnson Outdoor reported quarterly earnings of $0.22 per share, exceeding the Zacks Consensus Estimate of $0.21 per share, and showing an increase from $0.21 per share a year ago, representing an earnings surprise of 4.76% [1] - The company posted revenues of $168.35 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 0.18%, but down from $175.86 million in the same quarter last year [2] - Over the last four quarters, Johnson Outdoor has surpassed consensus EPS estimates only once [2] Group 2: Stock Performance and Outlook - Johnson Outdoor shares have declined approximately 28.1% since the beginning of the year, compared to a decline of 4.7% for the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is $0.14 on revenues of $180.19 million, and for the current fiscal year, it is -$1.60 on revenues of $580.85 million [7] - The estimate revisions trend for Johnson Outdoor is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Group 3: Industry Context - The Leisure and Recreation Products industry, to which Johnson Outdoor belongs, is currently ranked in the bottom 15% of over 250 Zacks industries, suggesting a challenging environment for stock performance [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact investor sentiment and stock performance [5]