Malibu Boats Q4 Adj $(0.39) Misses $(0.32) Estimate, Sales $158.71M Beat $157.54M Estimate
Portfolio Pulse from Benzinga Newsdesk
Malibu Boats reported a Q4 loss of $(0.39) per share, missing the $(0.32) estimate, but sales of $158.71M beat the $157.54M estimate. This represents a significant decline from last year's earnings and sales.
August 29, 2024 | 11:04 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Malibu Boats reported a Q4 loss of $(0.39) per share, missing the $(0.32) estimate, but sales of $158.71M beat the $157.54M estimate. This represents a significant decline from last year's earnings and sales.
The earnings per share (EPS) missed analyst expectations by 21.88%, which is a negative indicator for investors. Although sales slightly beat expectations, both earnings and sales have significantly decreased compared to the same period last year, indicating potential challenges for the company. This is likely to negatively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100