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

Malibu Boats

10/05/2022 15:18

* Malibu Boats Inc  MBUU.OQ  reported quarterly adjusted
earnings
of $2.61​​ per share for the quarter ended in March. The mean
expectation of seven analysts for the quarter was for earnings
of $1.96 per share.
    * Revenue rose 26% to $344.29 million from a year ago; 
analysts
expected $304.49 million. 
    * Malibu Boats Inc's reported EPS for the quarter was
$2.51​.
    * The mean earnings estimate of analysts had fallen by
about 1.3%
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 9.9% this
quarter and
lost 23.9% so far this year.
    * The company reported quarterly net income of $52.87
million.
    * Wall Street's median 12-month price target for Malibu
Boats Inc
is $90.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 8 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 10 at 02:18 p.m.  ​All
figures in US dollars unless otherwise stated