Ammo Inc expected to post a loss of 1 cent a share - Earnings Preview

Outdoor Holding

06/02/2024 22:35

* Ammo Inc  POWW.OQ   POWW.O  is expected to show a fall in
quarterly revenue when it reports  results on February 8 for the
period ending December 31 2023
    * The Scottsdale Arizona-based  company is expected to
report a
10.1% decrease in revenue to $34.814 million from $38.71 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Ammo Inc is for a loss
of 1
cent per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Ammo Inc is
$3.00​, above​ its last closing price of $2.15. ​​​

This summary was machine generated February 6 at 22:35 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)