STURM RUGER WKN: 861820 ISIN: US8641591081 Kürzel: RGR Forum: Aktien Thema: Hauptdiskussion

Sturm Ruger shares slip on big earnings miss By Wallace Witkowski Published: Oct 31, 2018 5:53 p.m. ET SHARE 2 Sturm, Ruger & Co. RGR, -3.08% shares were down slightly in the extended session Wednesday after the gun maker's quarterly results fell well short of Wall Street estimates. Sturm Ruger shares, however, were only down 0.7% in recent after-hours activity, following a 3.1% decline to close the regular session at $59.39. The company reported third-quarter net income of $9.2 million, or 52 cents a share, compared with $9.4 million, or 53 cents a share, in the year-ago period. Revenue rose to $114.9 million from $104.8 million in the year-ago period. Analysts surveyed by FactSet had forecast earnings of 92 cents a share on revenue of $129.8 million.