Byrna, the non-lethal weapons company trading on the Nasdaq under the ticker BYRN, reports earnings this Thursday before market hours. The market expects Byrna's revenue to decline 42.7% year on year this quarter, a reversal from the 35.1% increase it recorded in the same quarter last year. Last quarter, Byrna missed analysts' revenue expectations, reporting revenues of $16.39 million, down 42.5% year on year, though it beat analysts' EPS estimates and posted an impressive beat of analysts' EBITDA estimates. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, and Byrna has missed Wall Street's revenue estimates multiple times over the last two years. Among its peers in the aerospace and defense segment, only AAR has reported results so far, exceeding analysts' revenue estimates with year-on-year sales growth of 24.1%, while its stock was down 7.2% on the results. Byrna shares are up 4% over the last month, and the company heads into earnings with an average analyst price target of $6.83 compared to the current share price of $3.78.
Byrna Technologies IncByrna reports earnings tomorrow with revenue expected to fall 42.7% year on year, following last quarter's 42.5% revenue decline and repeated misses of revenue estimates.
Central Holding Group Co Ltd
AAR Corp