Malibu Boats Inc <MBUU.O>: Profits of $1.66 per share anticipated for fourth quarter

Published on February 03, 2023 05:51 AM PST

Malibu Boats Inc <MBUU.O>: Profits of $1.66 per share anticipated for fourth quarter — Image source: ©2022 Kalkine Media®

3 February 2023 01:51 p.m. All figures in US dollars. Malibu Boats Inc is expected to show an increase in its fourth quarter earnings to $1.66 per share according to the mean Refinitiv estimate from five analysts. Wall Street expects results to range from $1.57 to $1.74 per share. RECOMMENDATIONS * The consensus recommendation for the company is "Buy". This includes two "Strong Buy", four "Buy", one "Hold". * The average consensus recommendation for the recreational products peer group is also "Buy". FORECAST CHANGES * Six analysts are currently providing Refinitiv with estimates. * In the last week there have been no earnings estimate revisions by analysts covering the company. There were no changes to the number of estimates. * In the last four weeks the earnings per share estimate is unchanged from $1.66. Estimates ranged from a high of $1.74 to a low of $1.57. There has been no changes to the number of estimates. * The StarMine predicted earnings surprise is too low to be considered statistically significant. Predicted revenue surprise is too low to be significant. * The average price target from the six analysts providing estimates is $68.57. YEAR OVER YEAR * The company is expected to report a rise in revenue to $313.86 million from $263.89 million in the same quarter last year.The company's guidance on November 4 2022, for the period ended December 31, was for revenue of $316.664 million. * The current quarter consensus estimate of $1.66 per share implies a gain of 10.40 percent from the same quarter last year when the company reported $1.5 per share. The company's guidance on November 4 2022 for the period ended December 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of of $53.83295 million. * Previous quarterly performance (using preferred earnings measure) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET, MISSED Sep. 30 2022 1.68 1.79 Beat Jun. 30 2022 2.29 2.43 Beat Mar. 31 2022 1.96 2.61 Beat Dec. 31 2021 1.35 1.50 Beat This summary was machine generated from Refinitiv data February 3 at 01:51 p.m..

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