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Earnings Preview: Johnson Outdoors

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Johnson Outdoors (NASDAQ: JOUT) releases its next round of earnings Friday. Here's Benzinga's essential guide to Johnson Outdoors' Q2 earnings report.

Earnings and Revenue

Analysts predict Johnson Outdoors will report earnings of $1.47 on revenue of $159.18 million.

Johnson Outdoors EPS in the same period a year ago totaled $1.39. Revenue was $149.8 million. If the company were to match the consensus estimate when it reports Friday, earnings would be up 5.76 percent. Sales would be up 6.26 percent on a year-over-year basis. Johnson Outdoors's reported EPS has stacked up against analyst estimates in the past like this:

 

Quarter Q1 2018 Q4 2017 Q3 2017 Q2 2017
EPS Estimate 0.03   1.09 0.92
EPS Actual 0.67 0.06 1.65 1.39

 

Stock Performance

For a full 12 months, the return has risen by 86.73 percent. Given that these returns are generally positive, long-term shareholders are probably relaxed going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. Analysts have been rating Johnson Outdoors stock as Buy. The strength of this rating has maintained conviction over the past three months.

Conference Call

Don't be surprised to see the stock move on comments made during its conference call. Johnson Outdoors' conference call is scheduled to begin at 11:00 a.m. ET and can be accessed here: https://www.johnsonoutdoors.com/Main.aspx?id=90

Posted-In: Earnings News

 

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