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

Malibu Boats

31/10/2023 13:31

* Malibu Boats Inc  MBUU.OQ  reported quarterly adjusted
earnings
of $1.13​​ per share for the quarter ended in September. The
mean expectation of seven analysts for the quarter was
for earnings of 88 cents per share.
    * Revenue fell 15.3% to $255.83 million from a year ago;
analysts
expected $244.13 million. 
    * Malibu Boats Inc's reported EPS for the quarter was 98
cents​.
    * The mean earnings estimate of analysts had fallen by
about 42.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Malibu Boats Inc shares had fallen by 8.0% this
quarter and
lost 15.3% so far this year.
    * The company reported quarterly net income of $20.77
million.
    * Wall Street's median 12-month price target for Malibu
Boats Inc
is $60.00 
    * 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
October 31 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.88           1.13           Beat
 Jun. 30 2023      2.30           2.98           Beat
 Mar. 31 2023      2.36           2.59           Beat
 Dec. 31 2022      1.66           1.83           Beat