MasterCraft Boat: Set to open at over 2-yr high on upbeat outlook

Mastercraft Boat Holdings

10/02/2021 14:08

** Recreational powerboat maker's  MCFT.O  shares rise 5.28%
to $30.52 premarket, set to open at more than two-year high
    ** Co reports better-than-expected Q2 EPS and revenue,
raises full-year sales and EPS outlook, helped by strong demand
for its powerboats during the coronavirus crisis  urn:newsml:reuters.com:*:nGNX9LNw0N
    ** Expects FY 2021 net sales to grow in mid-to-high 30%
range vs mid-30% range forecast previously
    ** Forecasts adjusted EPS growth to approach 100% vs prior
expectation of growth in mid-80% range
    ** Up to Tuesday's close, stock had risen ~17% this year

 (Reporting by Ankit Ajmera in Bengaluru)
 ((Ankit.Ajmera@thomsonreuters.com))