Bartosiak: Trading Smith & Wesson's (SWHC) Earnings with Options
On Thursday, December 1st, Smith & Wesson (SWHC) will release its second quarter earnings results after the bell. The company is a Zacks Rank 4 (Sell), and have a Value, Growth, and Momentum score of A.
Dave will look at Smith & Wesson's past earnings, take a look at what is currently going on with the company, and give us his thoughts on their upcoming earnings announcement.
Furthermore, Dave will uncover some potential options trades for investors looking to make a play on Smith & Wesson ahead of earnings.
Smith & Wesson in Focus
Smith & Wesson Holding Corporation is one of the world's leading producers of quality handguns, law enforcement products and firearm safety and security products. Law enforcement personnel, military personnel, target shooters, hunters, collectors and firearms enthusiasts throughout the world have used the company's products with confidence for 150 years. Smith & Wesson Corp. also manufactures and markets Smith & Wesson branded handcuffs and other products utilizing its metal working expertise and providing products and services to many external customers.
Smith & Wesson is expected to report earnings at $0.55 per share according to the Zacks Consensus Estimate. Last quarter they beat earnings expectations by 16.98 % at $0.62 per share, beating estimates by $0.09 a share. They have an average earnings surprise of 27.03%.
SMITH & WESSON Price, Consensus and EPS Surprise
How should investors play Smith & Wesson ahead of their earnings report? For insights on the best options trades, then tune in at 1:00pm CST this afternoon to see David's thoughts.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.