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Earnings To Watch: Smith & Wesson (SWBI) Reports Q1 Results Tomorrow

SWBI Cover Image

American firearms manufacturer Smith & Wesson (NASDAQ: SWBI) will be reporting earnings this Thursday afternoon. Here’s what to expect.

Smith & Wesson missed analysts’ revenue expectations by 3% last quarter, reporting revenues of $115.9 million, down 15.7% year on year. It was a slower quarter for the company, with EPS in line with analysts’ estimates.

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

This quarter, analysts are expecting Smith & Wesson’s revenue to decline 4.2% year on year to $152.4 million, a reversal from the 9.9% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.23 per share.

Smith & Wesson 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. Smith & Wesson has missed Wall Street’s revenue estimates three times over the last two years.

Looking at Smith & Wesson’s peers in the leisure products segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Latham posted flat year-on-year revenue, meeting analysts’ expectations, and Malibu Boats reported revenues up 12.4%, topping estimates by 2.4%. Latham’s stock price was unchanged after the resultswhile Malibu Boats was down 1%.

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

The outlook for 2025 remains clouded by potential trade policy changes and corporate tax discussions, which could impact business confidence and growth. While some of the leisure products stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.9% on average over the last month. Smith & Wesson is up 9.2% during the same time and is heading into earnings with an average analyst price target of $13.83 (compared to the current share price of $10.65).

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