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Vista Outdoor: Fiscal 2Q Earnings Snapshot

FARMINGTON, Utah (AP) _ Vista Outdoor Inc. (VSTO) on Thursday reported a loss of $32.8 million in its fiscal second quarter.

The Farmington, Utah-based company said it had a loss of 57 cents per share. Earnings, adjusted for one-time gains and costs, came to 5 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.

The maker of firearms, ammunition and accessories posted revenue of $546.6 million in the period.

Vista Outdoor expects full-year earnings in the range of 20 cents to 35 cents per share, with revenue in the range of $2.1 billion to $2.16 billion.

Vista Outdoor shares have declined 14 percent since the beginning of the year. The stock has declined 40 percent 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 VSTO at https://www.zacks.com/ap/VSTO