Johnson Outdoors (NASDAQ:JOUT) Announces Quarterly Earnings Results

Johnson Outdoors (NASDAQ:JOUT - Get Free Report) issued its quarterly earnings results on Friday. The company reported $0.22 earnings per share for the quarter, beating analysts' consensus estimates of $0.21 by $0.01, RTT News reports. Johnson Outdoors had a negative net margin of 8.15% and a negative return on equity of 9.62%. The firm had revenue of $168.35 million during the quarter, compared to the consensus estimate of $178.27 million. During the same period in the prior year, the firm earned $0.21 EPS.

Johnson Outdoors Stock Performance

Shares of NASDAQ:JOUT traded up $0.82 during trading on Thursday, hitting $24.99. 35,531 shares of the stock were exchanged, compared to its average volume of 50,336. The company's fifty day simple moving average is $24.22 and its 200-day simple moving average is $29.78. The company has a market capitalization of $258.25 million, a price-to-earnings ratio of -5.59 and a beta of 0.73. Johnson Outdoors has a 1-year low of $21.33 and a 1-year high of $43.13.

Johnson Outdoors Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, April 24th. Investors of record on Thursday, April 10th were paid a dividend of $0.33 per share. The ex-dividend date was Thursday, April 10th. This represents a $1.32 annualized dividend and a yield of 5.28%. Johnson Outdoors's dividend payout ratio is -29.60%.

About Johnson Outdoors

Johnson Outdoors Inc designs, manufactures, and markets seasonal and outdoor recreational products for fishing worldwide. It operates through four segments: Fishing, Camping, Watercraft Recreation, and Diving. The Fishing segment offers electric motors for trolling, marine battery chargers, and shallow water anchors; sonar and GPS equipment for fish finding, navigation, and marine cartography; and downriggers for controlled-depth fishing.