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

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

Johnson Outdoors Price Performance

JOUT opened at $28.80 on Wednesday. The company’s 50 day simple moving average is $33.95 and its 200-day simple moving average is $34.96. Johnson Outdoors has a one year low of $28.19 and a one year high of $47.97. The stock has a market capitalization of $296.64 million, a P/E ratio of -11.08 and a beta of 0.69.

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 dividend of $0.33 per share. The ex-dividend date was Friday, January 10th. This represents a $1.32 annualized dividend and a yield of 4.58%. Johnson Outdoors’s dividend payout ratio (DPR) is -50.77%.

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.