Factors Setting the Tone for Vista Outdoor (VSTO) Q3 Earnings

Vista Outdoor Inc. (VSTO) is scheduled to report third-quarter fiscal 2024 results on Jan 31. In the last reported quarter, the company delivered a negative earnings surprise of 3%.How are Estimates Placed?The Zacks Consensus Estimate for fiscal third-quarter earnings per share is pegged at 84 cents, suggesting a decline of 35.4% from $1.30 reported in the year-ago quarter.For revenues, the consensus mark is pegged at $687.9 million, indicating a decline of 8.8% from the prior-year quarter’s reported figure ...