Malibu Boats Inc expected to post a loss of 8 cents a share - Earnings Preview

Malibu Boats

29/10/2024 13:37

* Malibu Boats Inc  MBUU.OQ   MBUU.O  is expected to show a
fall
in quarterly revenue when it reports  results on October 31 for
the period ending September 30 2024
    * The Loudon Tennessee-based  company is expected to report
a
35.5% decrease in revenue to $165.083 million from $255.83
million a year ago, according to the mean estimate from 8
analysts, based on LSEG data.The company's guidance on August 29
2024, for the period ended September 30, was for revenue between
$177.03 million and $177.80 million.
    * ​LSEG's mean analyst estimate for Malibu Boats Inc is for
a loss
of 8 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "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 Malibu
Boats Inc
is $40.00​, below​ its last closing price of $41.91. ​​​

The company's guidance on August 29 2024 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD177.03436 million
and USD5.33406 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  -0.29       -0.32      -0.39     Missed  -23.3
 Jan. 1 2024   0.47        0.48       0.63      Beat    32.6
 Jan. 1 0001   0.50        0.47       0.57      Beat    20.9​
 Sep. 30 2023  0.89        0.88       1.13      Beat    28.8
 ​​Jun.        2.31        2.30       2.98      Beat    29.8
 30 2023                                                
 Jan. 1 0001   2.38        2.36       2.59      Beat    9.8​
 Dec. 31 2022  1.67        1.66       1.83      Beat    10.5
 Sep. 30 2022  1.69        1.68       1.79      Beat    6.4
 This summary was machine generated October 29 at 13:37 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)