Skyline Champion Corp reports results for the quarter ended in December - Earnings Summary

Champion Homes

05/02/2024 22:40

* Skyline Champion Corp  SKY.N  reported quarterly adjusted
earnings of 82 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of $1.44.  The mean expectation of
six analysts for the quarter was for earnings of 64 cents per
share. Wall Street expected results to range from 55 cents to 72
cents per share.
    * Revenue fell 3.9% to $559.46 million from a year ago;
analysts
expected $499.72 million. 
    * Skyline Champion Corp's reported EPS for the quarter was
81
cents​.
    * The company reported quarterly net income of $46.97
million.
    * Skyline Champion Corp shares had fallen by 3.9% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged 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 Skyline Champion
Corp is $70.50 
This summary was machine generated from LSEG data February 5 at
10:40 p.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
 Dec. 31 2023      0.64           0.82           Beat
 Sep. 30 2023      0.80           0.82           Beat
 Jun. 30 2023      0.84           0.89           Beat
 Mar. 31 2023      0.93           1.00           Beat