Malibu Boats Earnings Preview

Malibu Boats (NASDAQ:MBUU) will release its quarterly earnings report on Thursday, 2024-10-31. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Malibu Boats to report an earnings per share (EPS) of $-0.05.

Malibu Boats bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Performance in Previous Earnings

The company's EPS missed by $0.07 in the last quarter, leading to a 4.66% increase in the share price on the following day.

Here's a look at Malibu Boats's past performance and the resulting price change:

Quarter

Q4 2024

Q3 2024

Q2 2024

Q1 2024

EPS Estimate

-0.32

0.47

0.47

0.88

EPS Actual

-0.39

0.63

0.57

1.13

Price Change %

5.0%

3.0%

0.0%

3.0%

Analyst Opinions on Malibu Boats

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Malibu Boats.

Analysts have given Malibu Boats a total of 1 ratings, with the consensus rating being Buy. The average one-year price target is $45.0, indicating a potential 6.23% upside.

Peer Ratings Overview

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