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POWW Earnings Report this Week: Is It a Buy, Ahead of Earnings?

AMMO (POWW) is scheduled to report 2nd quarter earnings on 11/11/2024.

Regarding Q2 estimates, Wall Street analysts expect AMMO to post earnings of -$0.01 per share. Revenue expectations are pegged at $34.05 million. Last quarter, AMMO beat earnings estimates, reporting EPS of $0.01 on estimates of -$0.01. The stock fell by -7.41% the day after the last earnings release.

Year-to-date, POWW stock has fallen by -42.38%.

Is AMMO Stock a Buy?

Wall Street’s consensus rating for POWW stock is a Moderate Buy, with an average analyst price target of $2.25, implying upside potential of 85.95% from current levels.

POWW shares have lost about -50.81% in the past six months.

About AMMO

AMMO, Inc. engages in the design, manufacture and sale of ammunition products. It distributes its products under the following brands: Jesse James, SHIELD, and One Precise Shot. The company was founded in November 1990 and is headquartered in Scottsdale, AZ.

Stay up-to-date on earnings this week, with TipRanks’ Earnings Calendar.

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