OneWater Marine Inc reports results for the quarter ended September 30 - Earnings Summary

OneWater Marine

14/11/2024 21:00

* OneWater Marine Inc  ONEW.OQ  reported a quarterly
adjusted loss
of 36 cents​​ per share for the quarter ended September 30,
lower than the same quarter last year, when the company reported
EPS of 42 cents.  The mean expectation of eight analysts for the
quarter was for earnings of 17 cents per share. Wall Street
expected results to range from zero cents to 42 cents per share.
    * Revenue fell 16.2% to $377.86 million from a year ago;
analysts
expected $421.09 million. 
    * OneWater Marine Inc's reported EPS for the quarter was a
loss
of 63 cents​.
    * The company reported a quarterly loss of $9.25 million.
    * OneWater Marine Inc shares had fallen by 0.9% this
quarter and
lost 29.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 28.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the recreational
products peer group is also "buy"

Wall Street's median 12-month price target for OneWater Marine
Inc is $29.50 
This summary was machine generated from LSEG data November 14 at
08:59 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2024      0.17           -0.36          Missed
 Jun. 30 2024      2.12           1.05           Missed
 Mar. 31 2024      0.68           0.67           Missed
 Dec. 31 2023      -0.27          -0.38          Missed