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American Outdoor Brands Reports Q3 Earnings Growth

American Outdoor Brands reports earnings growth with Q3 EPS at $0.01, up from -$0.23 last year. Full year revenue guidance is set between $207-$210 million.

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AI Rating:   7

Earnings and EPS Analysis: American Outdoor Brands, Inc. reported earnings of $0.17 million in Q3, a notable recovery from -$2.91 million in the same period last year. The EPS improved to $0.01 from -$0.23, indicating positive momentum and recovery in profitability for the company. Furthermore, adjusted earnings, which exclude certain items, stood at $2.74 million or $0.21 per share, exceeding analysts' expectations of $0.09 per share.

Revenue Performance: The firm's revenue also demonstrated growth, with Q3 earnings amounting to $58.51 million, surpassing last year’s $53.43 million, highlighting year-over-year revenue growth.

Guidance: The company provided full year revenue guidance of $207 to $210 million, showing management's confidence in maintaining a positive trajectory through the remainder of the fiscal period.