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

Malibu Boats

03/05/2023 14:32

* Malibu Boats Inc  MBUU.OQ  reported quarterly adjusted
earnings
of $2.59​​ per share for the quarter ended in March. The mean
expectation of eight analysts for the quarter was for earnings
of $2.36 per share.
    * Revenue rose 9% to $375.12 million from a year ago;
analysts
expected $343.18 million. 
    * Malibu Boats Inc's reported EPS for the quarter was
$2.51​.
    * The mean earnings estimate of analysts had fallen by
about 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 risen by 0.3% this quarter and
gained 6.2% so far this year.
    * The company reported quarterly net income of $51.89
million.
    * Wall Street's median 12-month price target for Malibu
Boats Inc
is $71.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 7 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
3 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      2.36           2.59           Beat
 Dec. 31 2022      1.66           1.83           Beat
 Sep. 30 2022      1.68           1.79           Beat
 Jun. 30 2022      2.29           2.43           Beat