Malibu Boats Q4 Adj EPS $2.98 Beats $2.30 Estimate, Sales $372.30M Beat $327.25M Estimate
Portfolio Pulse from Benzinga Newsdesk
Malibu Boats (NASDAQ:MBUU) reported Q4 earnings of $2.98 per share, beating the analyst consensus estimate of $2.30 by 29.57%. This is a 22.63% increase from the same period last year. The company also reported quarterly sales of $372.30 million, beating the analyst consensus estimate of $327.25 million by 13.77%. This is a 5.41% increase from the same period last year.
August 29, 2023 | 11:03 am
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POSITIVE IMPACT
Malibu Boats reported strong Q4 earnings and sales, beating analyst estimates. This positive financial performance could potentially boost the company's stock in the short term.
Malibu Boats reported a significant increase in earnings and sales compared to the same period last year, and also beat analyst estimates. This strong financial performance indicates a healthy financial state for the company, which is likely to be positively received by investors and could lead to an increase in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100