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MasterCraft Boat Gears Up for Q2 Earnings: What's in the Offing?
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MasterCraft Boat Holdings, Inc. (MCFT - Free Report) is scheduled to report fiscal second-quarter 2025 results on Feb. 6. In the last reported quarter, the company’s earnings surpassed the Zacks Consensus Estimate by 300%.
Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.
Trend in MCFT’s Estimate Revision
For the quarter to be reported, the Zacks Consensus Estimate for earnings is pegged as break-even. In the last quarter, the company reported adjusted earnings per share of 37 cents. In the past seven days, earnings estimates for the quarter have been revised downward by 1 cent per share.
For revenues, the consensus mark is pegged at nearly $61.4 million. The metric indicates a decline of 38.3% from the year-ago figure.
Let us discuss the factors that are likely to be reflected in the quarter to be reported.
Factors to Note Ahead of MCFT’s Q2 Release
The company’s results in the quarter are likely to be hurt by dismal MasterCraft and Pontoon performance. The Zacks Consensus Estimate for MasterCraft and Pontoon net sales is pegged at $51 million and $9.6 million, respectively, down 30.1% and 43.7% year over year. On the other hand, high costs are likely to have negatively impacted the company’s bottom line.
However, robust retail performance has been aiding the company. Strong consumer demand and a disciplined approach to wholesale strategies have supported this trend, particularly in the MasterCraft segment. The company has been benefiting from innovation and new products. The launch of new Model Year 2025 products, including the redesigned XStar, has enhanced the company's competitive positioning in the premium ski/wake segment. Early feedback on these innovations was positive, creating excitement among dealers and consumers.
MASTERCRAFT BOAT HOLDINGS, INC. Price and EPS Surprise
Our proven model does not conclusively predict an earnings beat for MCFT this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case here.
MCFT’s Earnings ESP: MasterCraft Boat currently has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
MCFT’s Zacks Rank: MasterCraft Boat has a Zacks Rank #3 at present.
Stocks Poised to Beat Earnings Estimates
Here are some stocks you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this season.
LTH is expected to register a 10.5% increase in earnings for the to-be-reported quarter. It reported earnings beat in three of the trailing four quarters and missed on one occasion, with an average surprise of 46.2%.
Trip.com Group Limited (TCOM - Free Report) currently has an Earnings ESP of +0.97% and a Zacks Rank of 1.
TCOM reported earnings beat in each of the trailing four quarters, with an average surprise of 42.8%. Its earnings for the to-be-reported quarter are expected to decrease 7.1%.
Rush Street Interactive, Inc. (RSI - Free Report) currently has an Earnings ESP of +22.22% and a Zacks Rank of 1.
RSI’s earnings for the to-be-reported quarter are expected to increase 800%. It reported earnings beat in each of the trailing four quarters, the average surprise being 225%.
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MasterCraft Boat Gears Up for Q2 Earnings: What's in the Offing?
MasterCraft Boat Holdings, Inc. (MCFT - Free Report) is scheduled to report fiscal second-quarter 2025 results on Feb. 6. In the last reported quarter, the company’s earnings surpassed the Zacks Consensus Estimate by 300%.
Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.
Trend in MCFT’s Estimate Revision
For the quarter to be reported, the Zacks Consensus Estimate for earnings is pegged as break-even. In the last quarter, the company reported adjusted earnings per share of 37 cents. In the past seven days, earnings estimates for the quarter have been revised downward by 1 cent per share.
For revenues, the consensus mark is pegged at nearly $61.4 million. The metric indicates a decline of 38.3% from the year-ago figure.
Let us discuss the factors that are likely to be reflected in the quarter to be reported.
Factors to Note Ahead of MCFT’s Q2 Release
The company’s results in the quarter are likely to be hurt by dismal MasterCraft and Pontoon performance. The Zacks Consensus Estimate for MasterCraft and Pontoon net sales is pegged at $51 million and $9.6 million, respectively, down 30.1% and 43.7% year over year. On the other hand, high costs are likely to have negatively impacted the company’s bottom line.
However, robust retail performance has been aiding the company. Strong consumer demand and a disciplined approach to wholesale strategies have supported this trend, particularly in the MasterCraft segment. The company has been benefiting from innovation and new products. The launch of new Model Year 2025 products, including the redesigned XStar, has enhanced the company's competitive positioning in the premium ski/wake segment. Early feedback on these innovations was positive, creating excitement among dealers and consumers.
MASTERCRAFT BOAT HOLDINGS, INC. Price and EPS Surprise
MASTERCRAFT BOAT HOLDINGS, INC. price-eps-surprise | MASTERCRAFT BOAT HOLDINGS, INC. Quote
What Our Model Predicts About MCFT
Our proven model does not conclusively predict an earnings beat for MCFT this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that is not the case here.
MCFT’s Earnings ESP: MasterCraft Boat currently has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
MCFT’s Zacks Rank: MasterCraft Boat has a Zacks Rank #3 at present.
Stocks Poised to Beat Earnings Estimates
Here are some stocks you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this season.
Life Time Group Holdings, Inc. (LTH - Free Report) has an Earnings ESP of +14.29% and a Zacks Rank of 1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
LTH is expected to register a 10.5% increase in earnings for the to-be-reported quarter. It reported earnings beat in three of the trailing four quarters and missed on one occasion, with an average surprise of 46.2%.
Trip.com Group Limited (TCOM - Free Report) currently has an Earnings ESP of +0.97% and a Zacks Rank of 1.
TCOM reported earnings beat in each of the trailing four quarters, with an average surprise of 42.8%. Its earnings for the to-be-reported quarter are expected to decrease 7.1%.
Rush Street Interactive, Inc. (RSI - Free Report) currently has an Earnings ESP of +22.22% and a Zacks Rank of 1.
RSI’s earnings for the to-be-reported quarter are expected to increase 800%. It reported earnings beat in each of the trailing four quarters, the average surprise being 225%.