OneWater Marine Inc. (ONEW) Tops Q2 EPS by 37c

OneWater Marine Inc. (NASDAQ: ONEW) reported Q2 EPS of $3.86, $0.37 better than the analyst estimate of $3.49. Revenue for the quarter came in at $568.9 million versus the consensus estimate of $564.26 million.

GUIDANCE:

OneWater Marine Inc. sees FY2022 EPS of $9.20-$9.60, versus the consensus of $8.99.

• The Company is raising its fiscal full year 2022 outlook for Adjusted EBITDA2 to be in the range of $240 million to $250 million and earnings per diluted share to be in the range of $9.20 to $9.60, both of which include previously completed acquisitions but excludes any other acquisitions that may be completed during the remainder of the year. For the fiscal year 2022, OneWater now anticipates that same store sales will be up low-double digits, despite an expected challenging inventory environment.

For earnings history and earnings-related data on OneWater Marine Inc. (ONEW) click here.

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