Mastercraft Boat Holdings Inc reports results for the quarter ended March 31 - Earnings Summary

Reuters
May 07
Mastercraft Boat Holdings Inc reports results for the quarter ended March 31 - Earnings Summary
  • Mastercraft Boat Holdings Inc MCFT.OQ reported quarterly adjusted earnings of 30 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 37 cents. The mean expectation of six analysts for the quarter was for earnings of 17 cents per share. Wall Street expected results to range from 16 cents to 18 cents per share.

  • Revenue fell 20.6% to $75.96 million from a year ago; analysts expected $74.89 million.

  • Mastercraft Boat Holdings Inc's reported EPS for the quarter was 23 cents​.

  • The company reported quarterly net income of $3.74 million.

  • Mastercraft Boat Holdings Inc shares had fallen by 8.4% this quarter and lost 17.3% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 37.7% in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 5 "hold" and no "sell" or "strong sell." The average consensus recommendation for the recreational products peer group is also "hold"

  • Wall Street's median 12-month price target for Mastercraft Boat Holdings Inc is $19.00

This summary was machine generated from LSEG data May 7 at 01:31 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

Mar. 31 2025

0.17

0.30

Beat

Dec. 31 2024

0.00

0.10

Beat

Sep. 30 2024

0.03

0.12

Beat

Jun. 30 2024

-0.22

-0.04

Beat

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