Smith & Wesson (SWHC – Snapshot Report) released its third quarter fiscal 2016 earnings results, posting earnings of $0.59 per share and revenue of $210.8 million.  

Currently, SWHC has a Zacks Rank #1 (Strong Buy), but it is subject to change following the release of the company’s latest earnings report. Here are 5 key statistics from this just announced report below.

Swith & Wesson:                              

1. Beat earnings estimates. The company posted earnings of 59 cents (excluding 3 cents from non-recurring items), beating our Zacks Consensus Estimate of $0.41.

2. Beat revenue estimates. The company saw revenue figures of $210.8 million, topping our estimate of $182 million.

3. Gross margin for the quarter was 41.1% compared with 33.6% for the comparable quarter last year.

4. “The combined strength of our firearms and accessories businesses delivered an exceptional performance, driven by healthy consumer demand across our growing portfolio of firearm and outdoor lifestyle offerings. During the third quarter, the Adjusted National Instant Criminal Background Check System (NICS) data, which serves as an indicator of consumer purchases, reported a significant increase in growth versus the prior year, especially in handguns,” said James Debney, Smith & Wesson CEO.

5. SWHC was up $1.80, or 7.08%, to $27.20 as of 4:44 PM ET in after hours trading shortly after its earnings report was released.

Here’s a graph that looks at SWHC’s recent earnings history:

Smith & Wesson Holding Corporation (SWHC – Snapshot Report) Street Actual & Estimate EPS – Last 5 Quarters | FindTheCompany

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.