02:04 PM EST, 03/08/2024 (MT Newswires) -- Smith & Wesson Brands ( SWBI ) shares jumped 28% in recent Friday trading, a day after the company reported quarterly results that topped estimates by analysts.

Fiscal Q3 adjusted earnings dropped to $0.19 a diluted share from $0.25 a year earlier, the company said Thursday.

Two analysts polled by Capital IQ expected $0.11.

Sales in the quarter ended Jan. 31 rose to $137.5 million from $129 million a year earlier.

Three analysts polled by Capital IQ expected $133.6 million.

The company maintained its quarterly dividend at $0.12 a share, payable April 4 to stockholders of record March 21.

Price: 17.16, Change: +3.72, Percent Change: +27.68