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

Johnson Outdoors (NASDAQ:JOUT) announced its earnings results on Monday. The company reported ($1.49) earnings per share for the quarter, missing the consensus estimate 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 last year, the company posted $0.38 earnings per share.

Johnson Outdoors Stock Performance

Shares of JOUT opened at $32.40 on Monday. The stock’s 50-day moving average is $34.13 and its two-hundred day moving average is $35.08. Johnson Outdoors has a 12 month low of $29.98 and a 12 month high of $47.97.

Johnson Outdoors Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, January 23rd. Stockholders of record on Thursday, January 9th were issued 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 dividend yield of 4.07%. 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.