Malibu Boats (MBUU) Tops Q4 EPS by 3c

Malibu Boats (NASDAQ: MBUU) reported Q4 EPS of $0.24, $0.03 better than the analyst estimate of $0.21. Revenue for the quarter came in at $53.4 million versus the consensus estimate of $52.6 million.

Gross profit for the three month period ended June 30, 2014 increased5.3% to $14.7 million from $13.9 million for the three month period ended June 30, 2013. The increase in gross profit resulted primarily from the increase in volumes and higher average selling prices due to options, features, and new boat models. Gross margin decreased 100 basis points to 27.5% from 28.5% in the fiscal fourth quarter of last year.

For earnings history and earnings-related data on Malibu Boats (MBUU) click here.

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