MasterCraft Boat Holdings, Inc. (MCFT) Tops Q3 Earnings and Revenue Estimates

Core Insights - MasterCraft Boat Holdings, Inc. reported quarterly earnings of $0.30 per share, exceeding the Zacks Consensus Estimate of $0.18 per share, but down from $0.37 per share a year ago, indicating an earnings surprise of 66.67% [1] - The company achieved revenues of $75.96 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.46%, but down from $95.71 million year-over-year [2] - MasterCraft has consistently surpassed consensus EPS estimates over the last four quarters [2] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.35 on revenues of $80.63 million, and for the current fiscal year, it is $0.75 on revenues of $284.3 million [7] - The estimate revisions trend for MasterCraft is mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6] Industry Context - The Leisure and Recreation Products industry, to which MasterCraft belongs, is currently ranked in the bottom 32% of over 250 Zacks industries, indicating potential challenges for stock performance [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which could impact MasterCraft's stock performance [5]