Champion Homes Inc reports results for the quarter ended in September 30 - Earnings Summary

Champion Homes

29/10/2024 11:25

* Champion Homes Inc  SKY.N  reported quarterly adjusted
earnings
of 93 cents​​ per share for the quarter ended September 30,
higher than the same quarter last year, when the company
reported EPS of 82 cents.  The mean expectation of six analysts
for the quarter was for earnings of 81 cents per share. Wall
Street expected results to range from 74 cents to 85 cents per
share.
    * Revenue rose 32.9% to $616.88 million from a year ago;
analysts
expected $602.12 million. 
    * Champion Homes Inc's reported EPS for the quarter was 94
cents​.
    * The company reported quarterly net income of $54.73
million.
    * Champion Homes Inc shares had fallen by 4.2% this
quarter and
gained 22.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 8.8%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the homebuilding
peer
group is also "hold"

Wall Street's median 12-month price target for Champion Homes
Inc is $89.00 
This summary was machine generated from LSEG data October 29 at
11:25 a.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.81           0.93           Beat
 Jun. 30 2024      0.74           0.89           Beat
 Mar. 31 2024      0.68           0.62           Missed
 Dec. 31 2023      0.64           0.82           Beat