American firearms manufacturer Smith & Wesson (NASDAQ:SWBI) reported Q1 CY2024 results exceeding Wall Street analysts' expectations, with revenue up 9.9% year on year to $159.1 million. It made a GAAP profit of $0.57 per share, improving from its profit of $0.28 per share in the same quarter last year.
American firearms manufacturer Smith & Wesson (NASDAQ:SWBI) will be reporting results tomorrow after the bell. Here's what to expect.
Key Insights Given the large stake in the stock by institutions, Smith & Wesson Brands' stock price might be vulnerable...