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Sturm Ruger & Co Inc (RGR) revealed earnings for its third quarter that increased from the same period last year.


RTTNews | Nov 3, 2021 05:22PM EDT

17:21 Wednesday, November 3, 2021 (RTTNews.com) - Sturm Ruger & Co Inc (RGR) revealed earnings for its third quarter that increased from the same period last year.

The company's bottom line came in at $35.20 million, or $1.98 per share. This compares with $24.75 million, or $1.39 per share, in last year's third quarter.

Analysts had expected the company to earn $2.18 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 22.3% to $178.25 million from $145.71 million last year.

Sturm Ruger & Co Inc earnings at a glance:

-Earnings (Q3): $35.20 Mln. vs. $24.75 Mln. last year.-EPS (Q3): $1.98 vs. $1.39 last year.-Analysts Estimate: $2.18-Revenue (Q3): $178.25 Mln vs. $145.71 Mln last year.

Read the original article on RTTNews ( https://www.rttnews.com/3239114/sturm-ruger-co-inc-profit-advances-in-q3-but-misses-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2021 RTTNews.com All Rights Reserved






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