Taser just reported a mixed bag of Q3 numbers, and Oppenheimer analyst Andrew Uerkwitz wasn’t particularly impressed. In a new report, Uerkwitz discussed where Taser is likely to go from here.
The Numbers
Taser reported sales of $50.4 million for the quarter, beating consensus estimates of $47.0 million. However, EPS came in at $0.03, five cents below Wall Street’s expectations. Uerkwitz noted that elevated OpEx and higher-than-expected tax charges were the main reasons for the Q3 earnings shortfall.
Weapons Performance
Non-consumer weapon shipments declined…
Click here to continue reading
Want to learn more about how to profit off the stock market? Or maybe you just want to be able to look sophisticated in front of your coworkers when they ask you what you are reading on your Kindle, and you’d prefer to tell them “Oh, I’m just reading a book about stock market analysis,” rather than the usual “Oh, I’m just looking at pics of my ex-girlfriend on Facebook.” For these reasons and more, check out my book, Beating Wall Street with Common Sense. I don’t have a degree in finance; I have a degree in neuroscience. You don’t have to predict what stocks will do if you can predict what traders will do and be one step ahead of them. I made a 400% return in the stock market over five years using only basic principles of psychology and common sense. Beating Wall Street with Common Sense is now available on Amazon, and tradingcommonsense.com is always available on your local internet!