MasterCraft (MCFT) Tops Q4 EPS by 1c, Comments on Outlook

MasterCraft (NASDAQ: MCFT) reported Q4 EPS of $0.20, $0.01 better than the analyst estimate of $0.19. Revenue for the quarter came in at $54.9 million versus the consensus estimate of $53.13 million.

Fiscal 2016 Outlook

"As a company, we had a great year and we're excited about what's on the horizon," McNew said. "Our growth strategy for fiscal 2016 involves four key initiatives:

• Continue to develop new and innovative products in core markets;
• Further penetrate the entry-level segment of the performance sport boat category;
• Further strengthen our dealer network; and
• Drive margin expansion through continuous operational improvement.

"We believe that through solid execution of these initiatives and the continued success of our highly differentiated product portfolio, we can drive strong organic growth and further expand profit margins in fiscal 2016," McNew concluded.

For earnings history and earnings-related data on MasterCraft (MCFT) click here.

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