Mastercraft Boat Holdings Inc reports results for the quarter ended in March - Earnings Summary

Mastercraft Boat Holdings

10/05/2023 14:32

* Mastercraft Boat Holdings Inc  MCFT.OQ  reported quarterly
adjusted earnings of $1.36​​ per share for the quarter ended in
March. The mean expectation of six analysts for the quarter was
for earnings of $1.04 per share.
    * Revenue fell 10.7% to $166.78 million from a year ago;
analysts
expected $158.37 million. 
    * Mastercraft Boat Holdings Inc's reported EPS for the
quarter was
$1.27​.
    * The mean earnings estimate of analysts had fallen by
about 0.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Mastercraft Boat Holdings Inc shares had fallen by 5.8%
this
quarter and gained 10.8% so far this year.
    * The company reported quarterly net income of $22.51
million.
    * Wall Street's median 12-month price target for Mastercraft
Boat
Holdings Inc is $40.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
10 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.04           1.36           Beat
 Dec. 31 2022      1.01           1.20           Beat
 Sep. 30 2022      1.29           1.43           Beat
 Jun. 30 2022      1.50           1.77           Beat