U.S. Markets open in 7 hrs 34 mins

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