Sturm, Ruger & Company (RGR) Shares Up After Q1 Earnings Results

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HFA Staff
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Sturm, Ruger & Company (NYSE:RGR) released its earnings report for the first three months of 2013 this afternoon after the market closed. The company showed earnings per share of $1.20 for the period on revenue totaling $155.9 million. The firm’s shares traded up on today’s market, finishing the day at $50.97 per share. Analysts were looking for earnings of $1.01 per share form the firearms manufacturer, on quarterly revenues of $132 million. In the first three months of 2012, Sturm, Ruger & Company (NYSE:RGR) managed to earn 79 cents per share on revenues of $111 million. Whisper number circulating in the…

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The post above is drafted by the collaboration of the Hedge Fund Alpha Team.