Malibu Boats Inc expected to post a loss of 32 cents a share - Earnings Preview

Malibu Boats

27/08/2024 14:10

* Malibu Boats Inc  MBUU.OQ   MBUU.O  is expected to show a
fall
in quarterly revenue when it reports  results on August 29 for
the period ending June 30 2024
    * The Loudon Tennessee-based  company is expected to report
a
57.7% decrease in revenue to $157.54 million from $372.3 million
a year ago, according to the mean estimate from 8 analysts,
based on LSEG data.The company's guidance on May 2 2024, for the
period ended June 30, was for revenue between $150.00 million
and $165.00 million.
    * ​LSEG's mean analyst estimate for Malibu Boats Inc is for
a loss
of 32 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 2
"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 Malibu
Boats Inc
is $40.00​, above​ its last closing price of $36.51. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.47        0.48       0.63      Beat    32.6
 Dec. 31 2024  0.50        0.47       0.57      Beat    20.9
 Sep. 30 2023  0.89        0.88       1.13      Beat    28.8​
 Jun. 30 2023  2.31        2.30       2.98      Beat    29.8
 ​​Mar.        2.38        2.36       2.59      Beat    9.8
 31 2023                                                
 Dec. 31 2022  1.67        1.66       1.83      Beat    10.5​
 Sep. 30 2022  1.69        1.68       1.79      Beat    6.4
 Jun. 30 2022  2.30                   2.43              6
 This summary was machine generated August 27 at 13:10 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)