Smith & Wesson Holding (SWHC) reported fourth quarter EPS of $0.44 after the bell Thursday, compared to $0.38 last year. Analysts expected EPS of $0.39. The company expects to report first quarter EPS of $0.23 to $0.25 and between $1.30 and $1.40 for the full year 2015. The consensus estimates are for EPS of $0.40 and $1.45.
Smith & Wesson gapped down sharply Friday morning, but was range-bound throughout the session. The stock closed lower by 1.48 at $15.52 on the highest volume in over 3 months. Smith & Wesson dropped to over a 3-week low and slipped beneath its 50-day moving average.
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