Skyline Champion Corp expected to post earnings of 80  cents a share - Earnings Preview

Champion Homes

28/10/2023 02:12

* Skyline Champion Corp  SKY.N   SKY  is expected to show a
fall
in quarterly revenue when it reports  results on October 31. 
    * The Troy Michigan-based  company is expected to report  a
43.1% decrease in revenue to $459.475 million from $806.83
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. The company's guidance on
August 2 2023, for the period ended September 30, was for
revenue between $460.12 million and $464.77 million.
    * ​Refinitiv's mean analyst estimate for Skyline Champion
Corp is
for earnings of 80 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"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 $73​, above​ its last closing price of $58.71. ​​​

The company's guidance on August 2 2023 for the period ended
September 30 was for gross profit margin of USD26%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  1.82        1.82       2.51      Beat    38.2
 ​​Jun.        1.57        1.57       2.04      Beat    30.1
 30 2022                                                
 Mar. 31 2022  1.00        1.00       1.51      Beat    50.5​
 Dec. 31 2021  0.75        0.74       1.18      Beat    58.4
 Sep. 30 2021  0.62        0.62       0.89      Beat    44.1
 This summary was machine generated October 28 at 01:12 GMT.  All
figures in US dollars  unless otherwise stated