Malibu Boats Inc expected to post earnings of 48 cents a share - Earnings Preview

Malibu Boats

30/04/2024 15:20

* Malibu Boats Inc  MBUU.OQ   MBUU.O  is expected to show a
fall
in quarterly revenue when it reports  results on May 2 for the
period ending March 31 2024
    * The Loudon Tennessee-based  company is expected to report
a
44.9% decrease in revenue to $206.509 million from $375.12
million a year ago, according to the mean estimate from 7
analysts, based on LSEG data.The company's guidance on January
30 2024, for the period ended March 31, was for revenue between
$202.56 million and $210.07 million.
    * ​LSEG's mean analyst estimate for Malibu Boats Inc is for
earnings of 48 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 $50.00​, above​ its last closing price of $34.79. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.50        0.47       0.57      Beat    20.9
 Sep. 30 0001  0.89        0.88       1.13      Beat    28.8
 Jan. 1 0001   2.31        2.30       2.98      Beat    29.8​
 Dec. 31 2022  2.38        2.36       2.59      Beat    9.8
 ​​Dec.        1.67        1.66       1.83      Beat    10.5
 31 2022                                                
 Sep. 30 2022  1.69        1.68       1.79      Beat    6.4​
 Jun. 30 2022  2.30        2.29       2.43      Beat    6
 Mar. 31 2022  1.96        1.96       2.61      Beat    33.3
 This summary was machine generated April 30 at 14:20 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)