Vista Outdoor (NYSE:VSTO) reported its Q4 earnings results on Thursday, May 5, 2022 at 05:00 AM.
Here's what investors need to know about the announcement.
Earnings
Vista Outdoor beat estimated earnings by 13.33%, reporting an EPS of $2.04 versus an estimate of $1.8.
Revenue was up $212.07 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.2 which was followed by a 2.33% drop in the share price the next day.
Here's a look at Vista Outdoor's past performance:
| Quarter | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.9 | 1.78 | 0.90 | 0.64 |
| EPS Actual | 2.1 | 2.41 | 1.74 | 1.02 |
| Revenue Estimate | 749.37M | 722.59M | 615.60M | 530.15M |
| Revenue Actual | 794.65M | 778.46M | 662.91M | 596.52M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
Vista Outdoor management provided guidance for Q1 2023, expecting earnings between $1.85 and $1.95 per share.
To track all earnings releases for Vista Outdoor visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
