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Sturm, Ruger & Company Beats Sales, EPS Estimates

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Sturm, Ruger & Company (NYSE: RGR) released its Q2 results after market close on Tuesday. Earnings per share came in above Wall Street consensus expectations.

Sturm & Ruger reported EPS of $1.22 and revenues of $167.9 million. Analyst consensus had an EPS estimate of $1.15 and revenues of $164 million.

New products, including the American Pistol, the Precision Rifle, the AR-556 modern sporting rifle, and the LC9s pistol, represented $53 million or 33 percent of firearm sales in the second quarter of 2016.

At time of writing, Sturm, Ruger traded at $69.75 in Tuesday's after-hours session, up 0.62 percent.

Posted-In: Earnings News After-Hours Center

 

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