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

Champion Homes

08/08/2024 02:41

* Skyline Champion Corp  SKY.N  reported quarterly adjusted
earnings of 89 cents​​ per share for the quarter ended in June,
identical to the same quarter last year.  The mean expectation
of six analysts for the quarter was for earnings of 74 cents per
share. Wall Street expected results to range from 68 cents to 78
cents per share.
    * Revenue rose 35.1% to $627.78 million from a year ago;
analysts
expected $601.25 million. 
    * Skyline Champion Corp's reported EPS for the quarter was
79
cents​.
    * The company reported quarterly net income of $45.79
million.
    * Skyline Champion Corp shares had risen by 9.9% this
quarter and
gained 0.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 3.8%
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 Skyline Champion
Corp is $74.00 
This summary was machine generated from LSEG data August 8 at
01:40 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
 Jan. 1 0001       0.74           0.89           Beat
 Mar. 31 2024      0.68           0.62           Missed
 Dec. 31 2023      0.64           0.82           Beat
 Sep. 30 2023      0.80           0.82           Beat