On Thursday 29th August 2024, Malibu Boats (NASDAQ: MBUU) will release its highly anticipated fourth quarter financial results. This important announcement is scheduled to occur before market open.
The latest projections from financial analysts on Wall Street suggest that the concern is likely to reveal an estimated $0.32 loss per share for the quarter. Additionally, the company is expected to announce revenueS of $157.54 million for the period.
The experts on Wall Street have shared their predictions for how well the company will do this year. They think the total revenue will be around $827.23 million. They also believe the company will reach about profit of $2.02 per share for the fiscal year.
Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $2.98. This notable figure was attributed to the company's total revenue, which settled at an impressive $372.3 million during that specific quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Q3 2024 | $0.63 | -75.7% | 203.42 M | -45.8% |
| Q2 2024 | $0.57 | -68.9% | 211.07 M | -37.7% |
| Q1 2024 | $1.13 | -36.9% | 255.83 M | -15.3% |
| Q4 2023 | $2.98 | +22.6% | 372.30 M | +5.4% |
*Growth on year-over-year basis
MBUU has scheduled a conference call on 29th August 2024 at 08:30 AM eastern time to discuss the fourth quarter financial results and other related information.
Tuesday's trading saw Malibu Boats (MBUU) shares hit a low of $35.16 and a high of $36.34, with a day volume of 135.20 thousand shares. The stock closed the regular trading session at $35.26, demonstrating 3.42 percent decline.
