Smith & Wesson (SWHC) reports FQ4 earnings of $0.27 per share on revenue of $130M, easily...

|By:, SA News Editor

Smith & Wesson (SWHC) reports FQ4 earnings of $0.27 per share on revenue of $130M, easily beating consensus estimates of $0.17 per share on expectations of $122M in revenue. Net earnings surged on strong sales volume and a decline in operating expenses. The company also issued upbeat guidance for FY13, now expecting an EPS of $0.60 - $0.65 on revenues of $485M - $505M. Street estimates are for an EPS of $0.50 on revenues of $466M. Shares +14% AH. (PR)