MasterCraft Boat Holdings, Inc. Reports Fiscal 2020 First Quarter Results
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MasterCraft (MCFT) Tops Q1 EPS by 10c, Revenues Beat
November 7, 2019 8:13 AM ESTMasterCraft (NASDAQ: MCFT) reported Q1 EPS of $0.53, $0.10 better than the analyst estimate of $0.43. Revenue for the quarter came in at $109.8 million versus the consensus estimate of $101.81 million.
First Quarter Highlights:
Net sales increased to $109.8 million, up 17.2 percent from $93.6 million in the prior-year period.GAAP net income was $8.6 million, up slightly from $8.5 million in the prior-year period.GAAP diluted earnings per share increased in the first quarter by $0.01, up 2.2 percent to $0.46, from the prior year period.Diluted Adjusted Net Income per share, a non-GAAP measure, was $0.53 compared to $0.54 in the... More