MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) is reporting first quarter earnings results on Wednesday 11th November 2020, before market open.
The consensus estimates from Thomson Reuters are income of $ 0.33 per share.
For the full year, analysts predict revenues of $ 459.88 million, while looking forward to income of $ 1.98 per share.
Previous Quarter Performance
MasterCraft Boat Holdings, Inc. unwinded loss for the fourth quarter of $ 0.10 per share, from the revenue of $ 51.09 million. The quarterly revenues reduced 58.40 percent compared with the same quarter last year. Wall street analysts are predicting, MCFT to report 4Q20 loss of $ 0.26 per share from revenue of $ 36.82 million. The bottom line results beat street analysts by $ 0.16 or 61.54 percent, at the same time, top line results outshined analysts by $ 14.27 million or 38.76 percent.
Stock Performance
Shares of MasterCraft Boat Holdings, Inc. traded up $ 0.66 or 3.11 percent on Tuesday, reaching $ 21.88 with volume of 252.10 thousand shares. MasterCraft Boat Holdings, Inc. has traded high as $ 22.38 and has cracked $ 20.96 on the downward trend
The closing price of $ 21.88, representing a 333.06 % increase from the 52 week low of $ 4.90 and a 11.36 % decrease over the 52 week high of $ 23.94.
The company has a market capital of $ 412.92 million and is part of the Consumer Cyclical sector and Recreational Vehicles industry.
Recent Analyst recommendations
- On 22nd September 2020, upgraded by Robert W. Baird to Outperform from Neutral rating.
Conference Call
MasterCraft Boat Holdings, Inc. will be hosting a conference call at 8:30 AM eastern time on 11th November 2020, to discuss its 1Q21 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.mastercraft.com
MasterCraft Boat Holdings, Inc., through its subsidiaries, designs, manufactures, and markets recreational powerboats. The company operates in two segments, MasterCraft and NauticStar. It offers sport boats and outboard boats, which are used for water skiing, wakeboarding, wake surfing, and fishing, as well as general recreational boating.
