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Sportsman's Warehouse: Fiscal 3Q Earnings Snapshot

MIDVALE, Utah (AP) _ Sportsman's Warehouse Holdings Inc. (SPWH) on Wednesday reported fiscal third-quarter earnings of $10.5 million.

The Midvale, Utah-based company said it had profit of 24 cents per share. Earnings, adjusted for costs related to mergers and acquisitions, were 25 cents per share.

The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 25 cents per share.

The outdoor sporting goods specialty retailer posted revenue of $242.5 million in the period, topping Street forecasts. Three analysts surveyed by Zacks expected $234.9 million.

For the current quarter ending in January, Sportsman's Warehouse expects its per-share earnings to range from 29 cents to 35 cents.

The company expects full-year earnings in the range of 55 cents to 61 cents per share.

Sportsman's Warehouse shares have risen 67% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $7.33, an increase of 70% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SPWH at https://www.zacks.com/ap/SPWH