Brief: Mastercraft Boat Holdings Inc Reports Record Earnings For Fiscal 2021 First Quarter

Mastercraft Boat Holdings

11/11/2020 12:33

Nov 11 (Reuters) - Mastercraft Boat Holdings Inc  MCFT.O :
    * MASTERCRAFT BOAT HOLDINGS, INC. REPORTS RECORD EARNINGS
FOR
FISCAL 2021 FIRST QUARTER
    * Q1 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.58
    * Q1 EARNINGS PER SHARE $0.51
    * Q1 SALES $103.7 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$96.2
MILLION
    * Q1 EARNINGS PER SHARE ESTIMATE $0.33 -- REFINITIV IBES
DATA
    * GUIDANCE FOR FULL-YEAR FISCAL 2021 RAISED ON STRENGTH OF
RETAIL
DEMAND AND WHOLESALE PRODUCTION RAMP UP
    * FOR FULL YEAR FISCAL 2021, CONSOLIDATED NET SALES IS
EXPECTED TO
GROW IN MID 30 PERCENT RANGE YEAR-OVER-YEAR
    * FOR FULL YEAR FISCAL 2021 ADJUSTED EARNINGS PER SHARE
GROWTH IN
MID 80 PERCENT RANGE YEAR-OVER-YEAR.
    * FOR FISCAL Q2, CONSOLIDATED NET SALES IS EXPECTED TO BE UP
IN
MID-TEENS PERCENT RANGE YEAR-OVER-YEAR
    * FOR FISCAL Q2 ADJUSTED EARNINGS PER SHARE GROWTH
APPROACHING 20
PERCENT.

Source text for Eikon:  ID:nGNX9X1NJH 
Further company coverage:  MCFT.O 

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