MasterCraft Boat (MCFT)

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MasterCraft Expects A Very Cautious FY2025
Seeking Alpha· 2024-08-31 10:13
GuyNichollsPhotography MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) reported the company's fiscal Q4 results on the 29th of August, also initiating the company's FY2025 outlook. The Q4 results were incredibly weak, as was already expected. On top, though, the initial FY2025 outlook shows very weak expectations going forward as well, in contrast to Malibu Boats' (MBUU) much better initial growth outlook for the same fiscal year period. From my previous article on the stock, "MasterCraft: Cloudy Industry Out ...
MasterCraft Boat's Q4 Earnings Beat Estimates, Stock Down
ZACKS· 2024-08-30 17:06
MasterCraft Boat Holdings, Inc. (MCFT) reported fourth-quarter fiscal 2024 results, with earnings and revenues beating the Zacks Consensus Estimate. However, the top and the bottom line declined on a year-overyear basis. Following the results, the stock dropped 6% during trading hours on Aug 29. Negative investor sentiments were witnessed as the company reported lower-than-expected demand activity at the retail level. Management stated concerns about elevated interest rates and lingering competitor dealer d ...
MasterCraft Boat Holdings, Inc. (MCFT) Reports Q4 Loss, Tops Revenue Estimates
ZACKS· 2024-08-29 13:51
MasterCraft Boat Holdings, Inc. (MCFT) came out with a quarterly loss of $0.04 per share versus the Zacks Consensus Estimate of a loss of $0.22. This compares to earnings of $1.37 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 81.82%. A quarter ago, it was expected that this sport boats maker would post earnings of $0.23 per share when it actually produced earnings of $0.37, delivering a surprise of 60.87%. Over the last fou ...
MasterCraft Boat Holdings, Inc. Reports Fiscal 2024 Results
GlobeNewswire News Room· 2024-08-29 11:30
VONORE, Tenn., Aug. 29, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) today announced financial results for its fiscal 2024 fourth quarter and year ended June 30, 2024. Subsequent to June 30, 2024, we agreed to transfer rights to our Aviara brand of luxury dayboats and related assets to a third party. The transaction is subject to customary closing conditions, and is expected to close in the first quarter of fiscal 2025. We intend to classify Aviara as discontinued operations begin ...
MasterCraft Boat Holdings, Inc. to Webcast Fiscal Fourth Quarter and Full Year 2024 Earnings Conference Call Thursday, August 29, 2024
GlobeNewswire News Room· 2024-08-15 13:15
VONORE, Tenn., Aug. 15, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ: MCFT) (the "Company") will host a live webcast of its fiscal fourth quarter and full year 2024 earnings conference call on Thursday, August 29, 2024, at 8:30 a.m. EDT. Brad Nelson, Chief Executive Officer and Tim Oxley, Chief Financial Officer, will discuss the Company's financial results. The Company will issue a premarket earnings release prior to the call on August 29, 2024. Participants may access the conference ca ...
MasterCraft Boat (MCFT) - 2024 Q3 - Earnings Call Transcript
2024-05-08 19:26
MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) Q3 2024 Results Conference Call May 8, 2024 8:30 AM ET Corporate Participants Tim Oxley - Chief Financial Officer Fred Brightbill - Chief Executive Officer Conference Call Participants Joe Altobello - Raymond James Drew Crum - Stifel Noah Zatzkin - KeyBanc Capital Markets Kevin Condon - Baird Griffin Bryan - D.A. Davidson Operator Good day, and thank you for standing by. Welcome to the Q3 2024 MasterCraft Boat Holdings, Inc. Earnings Conference Call. At this tim ...
MasterCraft Boat (MCFT) - 2024 Q3 - Quarterly Report
2024-05-08 16:38
FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 { UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 For the quarterly period ended: March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-37502 MASTERCRAFT BOAT HOLDINGS, INC. (Exact name of registrant as specified in its charter) (State or Other Jurisdiction (I.R.S. Employ ...
MasterCraft Boat Holdings, Inc. (MCFT) Reports Q3 Earnings: What Key Metrics Have to Say
Zacks Investment Research· 2024-05-08 14:36
For the quarter ended March 2024, MasterCraft Boat Holdings, Inc. (MCFT) reported revenue of $95.71 million, down 42.6% over the same period last year. EPS came in at $0.37, compared to $1.36 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $92.32 million, representing a surprise of +3.67%. The company delivered an EPS surprise of +60.87%, with the consensus EPS estimate being $0.23.While investors closely watch year-over-year changes in headline numbers -- revenue an ...
MasterCraft Boat Holdings, Inc. (MCFT) Q3 Earnings and Revenues Surpass Estimates
Zacks Investment Research· 2024-05-08 13:46
MasterCraft Boat Holdings, Inc. (MCFT) came out with quarterly earnings of $0.37 per share, beating the Zacks Consensus Estimate of $0.23 per share. This compares to earnings of $1.36 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 60.87%. A quarter ago, it was expected that this sport boats maker would post earnings of $0.23 per share when it actually produced earnings of $0.37, delivering a surprise of 60.87%.Over the last f ...
MasterCraft Boat Holdings, Inc. Reports Results for Fiscal 2024 Third Quarter
Newsfilter· 2024-05-08 11:30
VONORE, Tenn., May 08, 2024 (GLOBE NEWSWIRE) -- MasterCraft Boat Holdings, Inc. (NASDAQ:MCFT) today announced financial results for its fiscal 2024 third quarter ended March 31, 2024. The overview, commentary, and results provided herein relate to our continuing operations. Overview: Net sales for the third quarter were $95.7 million, down 42.6% from the prior-year periodNet income from continuing operations was $3.8 million, or $0.23 per diluted shareDiluted Adjusted Net Income per share, a non-GAAP measur ...