The Oil & Gas Journal, first published in 1902, is the world's most widely read petroleum industry publication. OGJ delivers international oil and gas industry news; analysis of issues and events; practical technology for design, operation, and maintenance of oil and gas operations; and important statistics on energy markets and industry activity.

OGJ is edited to meet the needs of engineers, geoscientists, managers, and executives throughout the oil and gas industry. It is part of Endeavor Business Media, Nashville, Tenn., which also publishes Offshore Magazine.

Endeavor Business Media’s Petroleum Group also produces targeted e-Newsletters; hosts global conferences and exhibitions, seminars, and forums; and publishes directories, technical books, print and electronic databases, surveys, and maps.

Additional Information

Website & Technical Help

For help with subscription purchases or refunds, or trouble logging into the paid subscription content on www.ogj.com, please contact Customer Service at [email protected] or call 1-847-559-7598.

For more customer service information, please click here.

Ruger Earnings: What To Look For From RGR

RGR Cover Image

American firearm manufacturing company Ruger (NYSE: RGR) will be reporting results tomorrow after the bell. Here’s what you need to know.

Ruger missed analysts’ revenue expectations by 10.8% last quarter, reporting revenues of $122.3 million, up 1.2% year on year. It was a disappointing quarter for the company, with a significant miss of analysts’ EBITDA and EPS estimates.

Is Ruger a buy or sell going into earnings? Read our full analysis here, it’s free.

This quarter, analysts are expecting Ruger’s revenue to grow 5.5% year on year to $137.8 million, a reversal from the 12.5% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.62 per share.

Ruger Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Ruger has missed Wall Street’s revenue estimates five times over the last two years.

Looking at Ruger’s peers in the leisure products segment, some have already reported their Q4 results, giving us a hint as to what we can expect. Malibu Boats’s revenues decreased 5.1% year on year, beating analysts’ expectations by 4.8%, and Brunswick reported a revenue decline of 15.2%, topping estimates by 11.3%. Malibu Boats’s stock price was unchanged after the results. Brunswick was down 1.1%.

Read our full analysis of Malibu Boats’s results here and Brunswick’s results here.

Investors in the leisure products segment have had steady hands going into earnings, with share prices up 1.3% on average over the last month. Ruger’s stock price was unchanged during the same time and is heading into earnings with an average analyst price target of $46 (compared to the current share price of $35.52).

Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we’ve identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.