Malibu Boats Inc reports results for the quarter ended in June - Earnings Summary

Malibu Boats

29/08/2023 14:33

* Malibu Boats Inc  MBUU.OQ  reported quarterly adjusted
earnings
of $2.98​​ per share for the quarter ended in June. The mean
expectation of seven analysts for the quarter was for earnings
of $2.30 per share.
    * Revenue rose 5.4% to $372.30 million from a year ago;
analysts
expected $327.25 million. 
    * Malibu Boats Inc's reported EPS for the quarter was a loss
of 86
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Malibu Boats Inc shares had fallen by 8.9% this
quarter and
gained 0.2% so far this year.
    * The company reported a quarterly loss of $17.42 million.
    * Wall Street's median 12-month price target for Malibu
Boats Inc
is $65.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 29 at 01:32 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      2.30           2.98           Beat
 Mar. 31 2023      2.36           2.59           Beat
 Dec. 31 2022      1.66           1.83           Beat
 Sep. 30 2022      1.68           1.79           Beat