Sturm Ruger & Co Inc Q3 Earnings Advance 76%

(RTTNews) - Sturm Ruger & Co Inc (RGR) announced a profit for its third quarter that increased compared to the same period last year.

The company said its bottom line totaled $11.96 million, or $0.62 per share. This was higher than $6.78 million, or $0.34 per share, in last year's third quarter.

Analysts had expected the company to earn $0.70 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 22.9% to $120.87 million. This was up from $98.33 million last year.

Sturm Ruger & Co Inc earnings at a glance:

-Earnings (Q3): $11.96 Mln. vs. $6.78 Mln. last year. -Earnings Growth (Y-o-Y): 76.4% -EPS (Q3): $0.62 vs. $0.34 last year. -EPS Growth (Y-o-Y): 82.4% -Analysts Estimate: $0.70 -Revenue (Q3): $120.87 Mln vs. $98.33 Mln last year. -Revenue Change (Y-o-Y): 22.9%