Core Insights - MasterCraft Boat Holdings, Inc. (MCFT) has a strong track record of exceeding earnings estimates, particularly in the last two quarters, with an average surprise of 98.61% [2][6] - The company reported earnings of $0.28 per share for the most recent quarter, surpassing the expected $0.16 per share, resulting in a surprise of 75.00% [3] - For the previous quarter, MasterCraft reported $0.40 per share against an expectation of $0.18 per share, achieving a surprise of 122.22% [3] Earnings Estimates and Predictions - Estimates for MasterCraft Boat Holdings, Inc. have been trending upward, influenced by its history of earnings surprises [6] - The stock currently has a positive Zacks Earnings ESP of +4.08%, indicating increased analyst optimism regarding its near-term earnings potential [9] - The combination of a positive Earnings ESP and a Zacks Rank of 1 (Strong Buy) suggests a high likelihood of another earnings beat [9] Earnings ESP and Market Behavior - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [7] - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions [8] - A negative Earnings ESP does not necessarily indicate an earnings miss, but it reduces predictive power [9]
Will MasterCraft Boat Holdings, Inc. (MCFT) Beat Estimates Again in Its Next Earnings Report?