Smith & Wesson Stock Surges on Strong Q3 Results
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Saturdays
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Smith & Wessons stock surged 17.5% following Q3 earnings, beating Wall Street expectations for revenue and profit. Despite a slight sales drop, adjusted earnings per share doubled, EBITDA beat estimates by 26%, and free cash flow improved significantly. This positive reaction indicates a potential turning point for the companys stock performance.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
