MasterCraft Boat Hldgs Q1 Adj EPS $0.47 Beats $0.40 Estimate, Sales $104.20M Beat $96.63M Estimate
Portfolio Pulse from Benzinga Newsdesk
MasterCraft Boat Hldgs (NASDAQ:MCFT) reported Q1 adjusted earnings of $0.47 per share, beating the analyst consensus estimate of $0.40 by 17.5%. However, this is a 67.13% decrease from the same period last year. The company also reported quarterly sales of $104.20 million, beating the analyst consensus estimate of $96.63 million by 7.83%, but this is a 38.53% decrease from the same period last year.
November 08, 2023 | 12:31 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
MasterCraft Boat Hldgs reported better than expected Q1 earnings and sales, but both figures are significantly lower than the same period last year.
While MasterCraft Boat Hldgs beat Q1 estimates, the significant year-over-year decreases in earnings and sales could potentially offset any positive impact from beating estimates. This could lead to a neutral short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100