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A gunmaker's shares are spiking after it reported a massive increase in profits (S&W)
Yahoo FInance ^

Posted on 06/16/2016 3:57:21 PM PDT by Red in Blue PA

Smith Smith & Wesson on Thursday reported fourth-quarter profits and revenues that topped analysts' forecasts, as demand for its firearms continued to strengthen.

The gunmaker posted $0.63 in adjusted earnings per share (EPS) for its fiscal fourth quarter, and revenues totaling $221 million.

Analysts had estimated adjusted EPS of $0.54 and revenues totaling $214.6 million, according to Bloomberg.

Its shares rose by as much as 7% in after-hours trading.

(Excerpt) Read more at finance.yahoo.com ...


TOPICS: News/Current Events
KEYWORDS: banglist; guncontrol

1 posted on 06/16/2016 3:57:21 PM PDT by Red in Blue PA
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To: Red in Blue PA

Love it.
I still sold at $22.75 as I am betting on Trump winning, MSM lies and polls or not. If Trump wins, it drops back to $17 or so. I’m not whining as I bought at $9.50.


2 posted on 06/16/2016 4:04:53 PM PDT by CincyRichieRich (Still binary in all the right ways.)
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To: Red in Blue PA

Time again for the pic of the president being the gun salesman of the year. But, it needs to be changed to gun salesman of the century.


3 posted on 06/16/2016 4:33:12 PM PDT by lurk (T)
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To: Red in Blue PA

So.... I wonder how many of our ‘leaders’ have invested in the weapons market ?


4 posted on 06/16/2016 7:15:31 PM PDT by UCANSEE2 (Lost my tagline on Flight MH370. Sorry for the inconvenience.)
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