Skyline Champion Q4 EPS $1.00 Beats $0.93 Estimate, Sales $491.53M Miss $528.22M Estimate
Portfolio Pulse from Benzinga Newsdesk
Skyline Champion (NYSE:SKY) reported Q4 earnings of $1.00 per share, beating the $0.93 estimate, but sales of $491.53M missed the $528.22M estimate. This represents a 33.77% decrease in earnings and a 22.97% decrease in sales compared to the same period last year.
May 30, 2023 | 10:31 am
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Skyline Champion's Q4 earnings beat estimates, but sales missed expectations, resulting in a mixed financial performance.
Skyline Champion's Q4 earnings beat analyst estimates, which could have a positive impact on the stock price. However, the missed sales estimate and YoY decreases in both earnings and sales may offset any potential gains, resulting in a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100