At the close on Tuesday Smith and Wesson SWHC will release Q2 earnings. The company is expected to earn $0.25 on revenues of $133.93 million. Over the past seven quarters, 6 times Smith & Wesson beat expectations and once, on June 25th 2013, the company reported inline.
The events in Ferguson may be in focus on the company conference call. Traders and investors have watched as Taser Int'l TASR and Digital Ally DGLY rallied in the face of violent protests over the past couple weeks. Smith & Wesson commentary on future legal issues revolving around gun control could impact guidance. Guidance for FY2014 sees EPS range of $1.30 to $1.40 alongside a revenue range of $585 million to $600 million.
With 20 minutes remaining until the close on Tuesday shares of Smith & Wesson are trading up 0.34 percent to $13.16
The conference call may be accessed here
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