Ammo Inc reports results for the quarter ended in June - Earnings Summary

Outdoor Holding

09/08/2023 22:49

* Ammo Inc  POWW.OQ  reported a quarterly adjusted loss of 2
cents​​ per share for the quarter ended in June. The mean
expectation of two analysts for the quarter was for a loss of 2
cents per share.
    * Revenue fell 43.6% to $34.26 million from a year ago;
analysts
expected $38.95 million. 
    * Ammo Inc's reported EPS for the quarter was a loss of 2
cents​.
    * The mean earnings estimate of analysts had fallen by
about 500%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Ammo Inc shares had fallen by 2.8% this quarter and
gained 19.7%
so far this year.
    * The company reported a quarterly loss of $1.87 million.
    * Wall Street's median 12-month price target for Ammo Inc is
$2.50
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 09:49 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      -0.02          -0.02          Met
 Mar. 31 2023      -0.01          -0.03          Missed
 Dec. 31 2022      -0.01          -0.04          Missed
 Sep. 30 2022      0.04           -0.01          Missed