Sportsman's Warehouse Profit Tops Estimates; Outlook Weak

(RTTNews) - Sportsman's Warehouse Holdings Inc (SPWH) on Wednesday reported fourth-quarter net earnings of $3.2 million or $0.08 per share compared with $7.4 million or $0.22 per share last year.

Excluding items, adjusted earnings for the quarter were $0.22 per share compared with $0.18 per share a year ago.

Revenues for the quarter were higher at $185.6 million compared with $175.7 million in the prior year.

Analysts polled by Thomson Reuters estimated earnings of $0.21 per share on revenues of $187.2 million for the quarter. Analysts' estimates typically exclude special items.

For the first quarter, the company expects net loss of $0.04 to $0.03 per share on revenues of $140 million to $145 million. Analysts expect a loss of $0.01 per share on revenues of $144.4 million.

For the full year 2015, the company projects net earnings of $0.56 to $0.63 per share on revenues of $720 million to $740 million. Analysts expect earnings of $0.64 per share on revenues of $734.7 million.