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

Champion Homes

21/05/2024 22:01

* Skyline Champion Corp  SKY.N  reported quarterly adjusted
earnings of 62 cents​​ per share for the quarter ended in
January, lower than the same quarter last year, when the company
reported EPS of $1.00.  The mean expectation of six analysts for
the quarter was for earnings of 68 cents per share. Wall Street
expected results to range from 64 cents to 73 cents per share.
    * Revenue rose 9.1% to $536.36 million from a year ago;
analysts
expected $560.92 million. 
    * Skyline Champion Corp's reported EPS for the quarter was 5
cents​.
    * The company reported quarterly net income of $2.79
million.
    * Skyline Champion Corp shares had fallen by 5.3% this
quarter and
gained 8.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.2%
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 $76.00 
This summary was machine generated from LSEG data May 21 at
09:00 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
 Mar. 31 2024      0.68           0.62           Missed
 Dec. 31 2023      0.80           0.82           Beat
 Sep. 30 2023      0.80           0.82           Beat
 Jun. 30 2023      0.84           0.89           Beat