Sturm Ruger & Co. Earnings: Here’s Why Investors are Happy Now

Sturm, Ruger & Co. Inc. (NYSE:RGR) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company. Shares are up 1%.

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Sturm, Ruger & Co. Inc. Earnings Cheat Sheet

Results: Adjusted Earnings Per Share increased 51.9% to $1.20 in the quarter versus EPS of $0.79 in the year-earlier quarter.

Revenue: Rose 38.78% to $155.91 million from the year-earlier quarter.

Actual vs. Wall St. Expectations: Sturm, Ruger & Co. Inc. reported adjusted EPS income of $1.20 per share. By that measure, the company beat the mean analyst estimate of $1.01. It beat the average revenue estimate of $131.65 million.

Quoting Management: Chief Executive Officer Michael O. Fifer noted: “Our earnings increased 53% from the first quarter of 2012, driven by the 39% growth in sales and our ongoing focus on continuous improvement in our operations.”

Key Stats (on next page)…

Revenue increased 9.97% from $141.77 million in the previous quarter. EPS increased 17.65% from $1.02 in the previous quarter.

Looking Forward: Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.94 to a profit $0.97. For the current year, the average estimate has moved up from a profit of $3.48 to a profit of $3.70 over the last ninety days.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)