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Compared to Estimates, MasterCraft Boat Holdings, Inc. (MCFT) Q2 Earnings: A Look at Key Metrics
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For the quarter ended December 2023, MasterCraft Boat Holdings, Inc. (MCFT - Free Report) reported revenue of $99.48 million, down 37.5% over the same period last year. EPS came in at $0.37, compared to $1.20 in the year-ago quarter.
The reported revenue represents a surprise of +4.45% over the Zacks Consensus Estimate of $95.24 million. With the consensus EPS estimate being $0.23, the EPS surprise was +60.87%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how MasterCraft Boat Holdings, Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Sales Unit volume - MasterCraft: 491 compared to the 443 average estimate based on two analysts.
Sales Unit volume - Crest: 365 versus the two-analyst average estimate of 401.
Sales Unit volume - Aviara: 28 versus 38 estimated by two analysts on average.
Consolidated net sales per unit: $113 versus the two-analyst average estimate of $108.73.
Net sales per unit - MasterCraft: $148 compared to the $146.12 average estimate based on two analysts.
Net sales per unit - Crest: $47 versus the two-analyst average estimate of $50.04.
Net sales per unit - Aviara: $348 versus $290 estimated by two analysts on average.
Consolidated unit sales volume: 884 versus the two-analyst average estimate of 881.
Net sales- Crest: $17.05 million versus $10.85 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -53.5% change.
Net sales- Aviara: $9.73 million versus $20.10 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -29.8% change.
Net sales- MasterCraft: $72.70 million compared to the $64.65 million average estimate based on two analysts. The reported number represents a change of -33.1% year over year.
Shares of MasterCraft Boat Holdings, Inc. have returned -8.4% over the past month versus the Zacks S&P 500 composite's +5.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Compared to Estimates, MasterCraft Boat Holdings, Inc. (MCFT) Q2 Earnings: A Look at Key Metrics
For the quarter ended December 2023, MasterCraft Boat Holdings, Inc. (MCFT - Free Report) reported revenue of $99.48 million, down 37.5% over the same period last year. EPS came in at $0.37, compared to $1.20 in the year-ago quarter.
The reported revenue represents a surprise of +4.45% over the Zacks Consensus Estimate of $95.24 million. With the consensus EPS estimate being $0.23, the EPS surprise was +60.87%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how MasterCraft Boat Holdings, Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Sales Unit volume - MasterCraft: 491 compared to the 443 average estimate based on two analysts.
- Sales Unit volume - Crest: 365 versus the two-analyst average estimate of 401.
- Sales Unit volume - Aviara: 28 versus 38 estimated by two analysts on average.
- Consolidated net sales per unit: $113 versus the two-analyst average estimate of $108.73.
- Net sales per unit - MasterCraft: $148 compared to the $146.12 average estimate based on two analysts.
- Net sales per unit - Crest: $47 versus the two-analyst average estimate of $50.04.
- Net sales per unit - Aviara: $348 versus $290 estimated by two analysts on average.
- Consolidated unit sales volume: 884 versus the two-analyst average estimate of 881.
- Net sales- Crest: $17.05 million versus $10.85 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -53.5% change.
- Net sales- Aviara: $9.73 million versus $20.10 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -29.8% change.
- Net sales- MasterCraft: $72.70 million compared to the $64.65 million average estimate based on two analysts. The reported number represents a change of -33.1% year over year.
View all Key Company Metrics for MasterCraft Boat Holdings, Inc. here>>>Shares of MasterCraft Boat Holdings, Inc. have returned -8.4% over the past month versus the Zacks S&P 500 composite's +5.6% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.