Sturm Ruger stock tumbles after missing first earnings in four years
Per-share profit in the fourth quarter rose to $1.33 from $1 a year earlier, the Southport, Connecticut-based company said yesterday. That trailed the $1.38 average estimate (RGR:US) of analysts in a Bloomberg survey and put an end to 16 quarters of beating analysts’ estimates (RGR:US).
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