MasterCraft Boat Holdings, Inc. (MCFT) Q2 Earnings and Revenues Top Estimates

Core Viewpoint - MasterCraft Boat Holdings, Inc. reported quarterly earnings of $0.10 per share, exceeding the Zacks Consensus Estimate of a loss of $0.01 per share, representing an earnings surprise of 1,100% [1] - The company has consistently surpassed consensus EPS estimates over the last four quarters [2] Financial Performance - MasterCraft reported revenues of $63.37 million for the quarter ended December 2024, which is 3.37% above the Zacks Consensus Estimate, but down from $99.48 million year-over-year [2] - The current consensus EPS estimate for the upcoming quarter is $0.26 on revenues of $79.5 million, and for the current fiscal year, it is $0.69 on revenues of $288.45 million [7] Market Performance - Shares of MasterCraft have declined approximately 4.3% since the beginning of the year, contrasting with the S&P 500's gain of 3.1% [3] - The company's stock is currently rated Zacks Rank 3 (Hold), indicating expected performance in line with the market in the near future [6] Industry Outlook - The Leisure and Recreation Products industry, to which MasterCraft belongs, is currently ranked in the bottom 29% of over 250 Zacks industries, suggesting potential challenges ahead [8] - The performance of MasterCraft's stock may be influenced by the overall outlook for the industry [8]