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Benzinga
Benzinga
Business
Henry Khederian

Smith & Wesson Stock Climbs On Strong Earnings Beat

SWBI Smith Wesson Brands Benzinga Edge
Smith & WessonLviv,,Ukraine,-,February,13,,2025:,Circular,Logo,Sign,Featuring

Shares of Smith & Wesson Brands Inc (NASDAQ:SWBI) are trading higher Friday after the firearms manufacturer reported first-quarter financial results that surpassed analyst expectations.

What To Know: The company announced the results after the market closed on Thursday, revealing an adjusted loss of eight cents per share on revenue of $85.07 million. These figures beat Wall Street's estimates, which had projected a wider loss of eleven cents per share on revenue of $79.23 million.

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