September 12, 2013 at 10:03 AM EDT
Smith & Wesson (SWHC) Sinks on Sour Guidance
Shares of gunmaker Smith & Wesson (SWHC) plunged last week, although the company topped expectations on both earnings and revenue. During its first quarter, Smith & Wesson earned an adjusted $0.40 per share, a 42.9% year-on-year increase that topped the consensus estimate of $0.36. Revenue rose 25.74% to $171, also beating the $165 million that Read the full article...
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