Malibu Boats Inc reports results for the quarter ended December 31 - Earnings Summary

Malibu Boats

30/01/2025 14:32

* Malibu Boats Inc  MBUU.OQ  reported quarterly adjusted
earnings
of 31 cents​​ per share for the quarter ended December 31, lower
than the same quarter last year, when the company reported EPS
of 57 cents.  The mean expectation of eight analysts for the
quarter was for earnings of 21 cents per share. Wall Street
expected results to range from 12 cents to 34 cents per share.
    * Revenue fell 5.1% to $200.28 million from a year ago;
analysts
expected $191.53 million. 
    * Malibu Boats Inc's reported EPS for the quarter was 12
cents​.
    * The company reported quarterly net income of $2.36
million.
    * Malibu Boats Inc shares had risen by 2.3% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 28.7%
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 "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the recreational
products peer group is also "buy"

Wall Street's median 12-month price target for Malibu Boats Inc
is $45.00 
This summary was machine generated from LSEG data January 30 at
02:32 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
 Dec. 31 2024      0.21           0.31           Beat
 Sep. 30 2024      -0.08          0.08           Beat
 Jun. 30 2024      -0.32          -0.39          Missed
 Mar. 31 2024      0.48           0.63           Beat