Ammo Inc expected to post a loss of 2 cents a share - Earnings Preview

Outdoor Holding

08/08/2023 03:02

* Ammo Inc  POWW.OQ   POWW.O  is expected to show a fall in
quarterly revenue when it reports  results on August 9. 
    * The Scottsdale Arizona-based  company is expected to
report  a
35.9% decrease in revenue to $38.95 million from $60.76 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Ammo Inc is for a
loss
of 2 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "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
$2.5​, above​ its last closing price of $2.11. ​​​

This summary was machine generated August 8 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated