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Champion Homes (SKY) Q3 Earnings and Revenues Top Estimates
SKYSkyline Champion(SKY) ZACKS·2025-02-05 00:01

Core Viewpoint - Champion Homes reported quarterly earnings of 1.04pershare,exceedingtheZacksConsensusEstimateof1.04 per share, exceeding the Zacks Consensus Estimate of 0.79 per share, and showing an increase from 0.82pershareayearago,representinganearningssurpriseof31.650.82 per share a year ago, representing an earnings surprise of 31.65% [1][2] Financial Performance - The company achieved revenues of 644.93 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 8.88%, compared to 559.46millioninthesamequarterlastyear[2]−Overthelastfourquarters,ChampionHomeshasexceededconsensusEPSestimatesthreetimesandtoppedrevenueestimatesthreetimesaswell[2]StockPerformance−Sincethebeginningoftheyear,ChampionHomesshareshaveincreasedbyapproximately4.1559.46 million in the same quarter last year [2] - Over the last four quarters, Champion Homes has exceeded consensus EPS estimates three times and topped revenue estimates three times as well [2] Stock Performance - Since the beginning of the year, Champion Homes shares have increased by approximately 4.1%, outperforming the S&P 500's gain of 1.9% [3] - The current consensus EPS estimate for the upcoming quarter is 0.81 on revenues of 604.9million,andforthecurrentfiscalyear,itis604.9 million, and for the current fiscal year, it is 3.32 on revenues of $2.44 billion [7] Industry Outlook - The Building Products - Mobile Homes and RV Builders industry is currently ranked in the bottom 34% of over 250 Zacks industries, indicating potential challenges for stocks in this sector [8] - The performance of Champion Homes may be influenced by the overall outlook for the industry, as research indicates that the top 50% of Zacks-ranked industries outperform the bottom 50% by more than 2 to 1 [8]