WLDN - Smith & Wesson Brands Reports Upbeat Earnings Joins America's Car-Mart HCI Group And Other Big Stocks Moving Higher On Friday | Benzinga
U.S. stocks were higher, with the Dow Jones index gaining more than 100 points on Friday.
Shares of Smith & Wesson Brands, Inc. (NASDAQ: SWBI) rose sharply during Friday’s session after the company reported better-than-expected third-quarter financial results.
The company recorded sales growth of 6.5% year-on-year to $137.5 million, beating the analyst consensus estimate of $133.55 million. Adjusted EPS of $0.19 beat the consensus estimate of $0.10.
Smith & Wesson Brands shares surged 25.8% to $16.91 on Friday.
Here are some other big stocks recording gains in today’s session.
- Willdan Group, Inc. (NASDAQ: WLDN) jumped 30.4% to $25.89 after the company reported better-than-expected fourth-quarter financial results and issued FY24 guidance above estimates. Also, the company secured a contract worth approximately $30 million to $50 million over three years.
- Gulf Island Fabrication, Inc. (NASDAQ: GIFI) shares rose 24.1% to $6.43 after the ...