Sneak Preview of Camping World Holdings, Inc. ($CWH) 3Q20 Earnings

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Camping World Holdings, Inc. (NYSE:CWH) provider of specialty services, is reporting third quarter earnings results on Monday 2nd November 2020, before market open.

The consensus estimates from Thomson Reuters are income of $ 0.96 per share.

For the full year, analysts predict revenues of $ 5144.18 million, while looking forward to income of $ 2.57 per share.

Previous Quarter Performance

Camping World Holdings, Inc. outlined income for the second quarter of $ 1.62 per share, from the revenue of $ 1,607.00 million. According to street consensus, CWH was expected to report 2Q20 income of $ 0.62 per share from revenue of $ 1400.00 million. The bottom line results beat street analysts by $ 1 or 161.29 percent, at the same time, top line results outshined analysts by $ 207.00 million or 14.79 percent.

Stock Performance

On Friday, shares of Camping World Holdings, Inc. has traded high as $ 27.15 and has cracked $ 25.60 on the downward trend, reaching $ 26.44 with volume of 2.37 million shares.

According to the previous trading day, closing price of $ 26.44, representing a 689.71 % increase from the 52 week low of $ 3.40 and a 36.81 % decrease over the 52 week high of $ 42.49.

The company has a market capital of $ 2.34 billion and is part of the Consumer Cyclical sector and Recreational Vehicles industry.

Recent Analyst recommendations

  • On 8th September 2020, upgraded by JPMorgan Chase & Co. to Overweight from Neutral rating, with $ 40.00 target price.
Conference Call

Camping World Holdings, Inc. will be hosting a conference call at 3:00 PM eastern time on 2nd November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.campingworld.com

Camping World Holdings, Inc., through its subsidiaries, operates as an outdoor and camping retailer. The company operates through three segments: Consumer Services and Plans, Dealership, and Retail. It provides a portfolio of services, protection plans, products, and resources for recreational vehicle (RV) owners and camping enthusiasts.