Johnson Outdoors (NASDAQ:JOUT) Announces Earnings Results, Misses Expectations By $0.19 EPS

Johnson Outdoors (NASDAQ:JOUT) announced its quarterly earnings results on Monday. The company reported ($1.49) earnings per share for the quarter, missing analysts’ consensus estimates of ($1.30) by ($0.19), RTT News reports. Johnson Outdoors had a negative net margin of 4.48% and a negative return on equity of 5.40%. During the same quarter in the previous year, the firm earned $0.38 earnings per share.

Johnson Outdoors Price Performance

Shares of JOUT opened at $32.40 on Monday. Johnson Outdoors has a 1-year low of $29.98 and a 1-year high of $47.97. The stock has a market cap of $333.72 million, a PE ratio of -12.46 and a beta of 0.69. The firm has a fifty day moving average price of $34.13 and a 200 day moving average price of $35.08.

Johnson Outdoors Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, January 23rd. Investors of record on Thursday, January 9th were given a $0.33 dividend. The ex-dividend date of this dividend was Friday, January 10th. This represents a $1.32 dividend on an annualized basis and a yield of 4.07%. Johnson Outdoors’s dividend payout ratio (DPR) is presently -50.77%.

Johnson Outdoors Company Profile

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.