Street Expectation From Vista Outdoor Inc. ($VSTO) 2Q21 Earnings?

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Vista Outdoor Inc. (NYSE:VSTO) is reporting second quarter financial results on Thursday 5th November 2020, before market open.

According to analysts surveyed by Thomson Reuters, VSTO is expected to report 2Q21 income of $ 0.64 per share from revenue of $ 506.39 million.

For the full year, analysts anticipate top line of $ 1890.47 million, while looking forward to income of $ 1.91 per share bottom line.

The Company Outlook

Earnings for 2Q21 are anticipated in a range of $ 0.60 ~ $ 0.70 per share, while revenues are expected in a range of $ 495.00 million ~ $ 515.00 million

Click Here For More Historical Outlooks Of Vista Outdoor Inc.

Previous Quarter Performance

Vista Outdoor Inc. posted income for the first quarter of $ 0.51 per share, from the revenue of $ 479.14 million. Street analysts expected $ 405.81 million. The top line results outshined analysts by $ 73.33 million or 18.07 percent.

Stock Performance

Shares of Vista Outdoor Inc. traded low $ -0.52 or -2.47 percent on Wednesday, reaching $ 20.51 with volume of 2.63 million shares. Vista Outdoor Inc. has traded high as $ 21.30 and has cracked $ 19.10 on the downward trend

The closing price of $ 20.51, representing a 390.21 % increase from the 52 week low of $ 4.29 and a 10.51 % decrease over the 52 week high of $ 23.50.

The company has a market capital of $ 1.19 billion and is part of the Consumer Cyclical sector and Leisure industry.

Recent Analyst recommendations

  • On 24th September 2020, initiated by Aegis at Buy rating, with $ 27.00 target price.
  • On 11th September 2020, upgraded by B. Riley to Buy from Neutral rating, with $ 30.00 target price.
Conference Call

Vista Outdoor Inc. will be hosting a conference call at 9:00 AM eastern time on 5th November 2020, to discuss its 2Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.vistaoutdoor.com

Vista Outdoor Inc. designs, manufactures, and markets consumer products for outdoor sports and recreation markets in the United States and internationally. The company operates through Outdoor Products and Shooting Sports segments.