Skyline Champion Corp expected to post earnings of 64 cents a share - Earnings Preview

Champion Homes

02/02/2024 21:47

* Skyline Champion Corp  SKY.N   SKY  is expected to show a
fall
in quarterly revenue when it reports  results on February 5 for
the period ending December 31 2023
    * The Troy Michigan-based  company is expected to report a
14.2% decrease in revenue to $499.717 million from $582.32
million a year ago, according to the mean estimate from 6
analysts, based on LSEG data.The company's guidance on November
1 2023, for the period ended December 31, was for revenue
between $611.44 million and $628.91 million.
    * ​LSEG's mean analyst estimate for Skyline Champion Corp is
for
earnings of 64 cents per share. 
    * 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 mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Skyline
Champion
Corp is $70.50​, below​ its last closing price of $70.76. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.79        0.80       0.82      Beat    3.1
 Jun. 30 2023  0.85        0.84       0.89      Beat    5.3
 Mar. 31 2023  0.93        0.93       1.00      Beat    7.5​
 Dec. 31 2022  0.92        0.92       1.44      Beat    55.8
 ​​Sep.        1.82        1.82       2.51      Beat    38.2
 30 2022                                                
 Jun. 30 2022  1.57        1.57       2.04      Beat    30.1​
 Mar. 31 2022  1.00        1.00       1.51      Beat    50.5
 Dec. 31 2021  0.75        0.74       1.18      Beat    58.4
 This summary was machine generated February 2 at 21:46 GMT.  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)