BREAKING: SWHC SHAREHOLDERS ARE RUNNING SCARED

SWHC posted amazing numbers, and initially popped A/H, but now are down. What a bunch of cowards. Here are a few quick excerpts:

FQ3 EPS of $0.26 beats by $0.03. Revenue of $136.2M (+38.8% Y/Y) beats by $2.52M.

(Reuters) – Gunmaker Smith & Wesson Holding Corp reported a 39 percent jump in third-quarter sales, helped by higher demand for its pistols and modern sporting rifles.

Shares of the company rose 4 percent to $10.32 in after-market trading.

Revenue at the company, which competes with Sturm Ruger and Co Inc and privately held Glock Inc and Taurus, rose to $136.2 million in the quarter ended Jan. 31.

Net income in the quarter rose to $14.6 million, or 22 cents per share, from $4.4 million, or 7 cents per share, a year earlier.

Reuters article here

As of this writing SWHC is down -1.27%. It better lift off tomorrow or Wednesday, ‘else I will be quite upset.

8 Responses to “BREAKING: SWHC SHAREHOLDERS ARE RUNNING SCARED”

Freebie
March 5, 2013 at 4:49 pm

Should get guidance on the call at 5
- Rhino
  March 5, 2013 at 4:50 pm
  
  Then I am going to teabag a gaggle of shorts.
muktukchuck
March 5, 2013 at 5:04 pm

For shits and giggles Rhino I think I will scan the Canuckistani FAC (firearms acquisition certificate) application form and post it for you — though I can’t be held responsible for veins exploding in your neck. I just got mine back (approved) – 3 days after mine had expired, despite me sending it in 6 weeks prior to expiry — the application indicated to allow 3 weeks — what’s significant? — for the 3 days I was without a valid FAC I was in violation of fed laws governing gun possession for every gun I own — and that’s a bunch. Max penalty 2 yrs on each count — I’d would have died in the pen.
- Rhino
  March 5, 2013 at 5:05 pm
  
  What a dumb ass world we live in. I would have bailed you out.
- metalleg
  March 5, 2013 at 6:14 pm
  
  I’m shocked that as an illegal gun owner, with your risk to society being much greater, that you didn’t shoot someone. Now that you are legally permitted, I feel safe in the knowledge that you are no longer a risk to society. Whew!
  
  BTW, what did that renewal cost you?
drbigboss
March 5, 2013 at 6:51 pm

I would have expected higher revenue growth than that?

these gun stocks are going to be interesting shorts next year when the Obama driven explosion in gun sales slows down and the year over year comparisons become impossible making everything look like it is declining.
- The Once and Future Rhino
  March 5, 2013 at 7:26 pm
  
  I haven’t had a chance to listen to the call yet.
Patrick
March 6, 2013 at 1:46 pm

Never fear the call buyers are here… I see gun purchases all around me. The gun bears will be dispatched soon enough.