MasterCraft Boat Holdings, Inc.: Second Quarter Financial Results Overview

MasterCraft Boat Holdings Exceeds Earnings Expectations in Q2

MasterCraft Boat Holdings, headquartered in Vonore, Tennessee, announced a net profit of $2.5 million for its fiscal second quarter.

The company reported earnings of $0.16 per share, while adjusted earnings—which exclude certain one-time items—reached $0.29 per share.

These results outperformed analyst predictions, as the consensus from three Zacks Investment Research analysts had anticipated earnings of $0.16 per share.

During the quarter, the manufacturer of sport boats generated $71.8 million in revenue, surpassing the $69.9 million revenue forecasted by analysts surveyed by Zacks.

Outlook for the Next Quarter and Full Year

• For the quarter ending in March, MasterCraft Boat Holdings projects earnings of $0.35 per share.
• The company expects third-quarter revenue to be approximately $75 million.
• For the full fiscal year, anticipated earnings are between $1.45 and $1.60 per share, with projected revenue ranging from $300 million to $310 million.

Financial data for this report was sourced from Zacks Investment Research and compiled by Automated Insights.