OneWater Marine Inc. (ONEW) Misses Q3 EPS by 132c; updates guidance

OneWater Marine Inc. (NASDAQ: ONEW) reported Q3 EPS of $1.95, $1.32 worse than the analyst estimate of $3.27. Revenue for the quarter came in at $594.34 million versus the consensus estimate of $629.38 million.

GUIDANCE:

Fiscal Year 2023 Guidance

The Company is updating its previously issued fiscal full year 2023 outlook. For fiscal full year 2023, OneWater anticipates same store sales to be flat and Adjusted EBITDA² is expected to be in the range of $160 million to $170 million and earnings per diluted share is expected to be in the range of $4.45 to $4.70.

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

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