MasterCraft Boat Holdings, Inc. Reports Fiscal 2020 Second Quarter Results
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MasterCraft (MCFT) Tops Q2 EPS by 8c, Revenues Beat
February 5, 2020 7:32 AM ESTMasterCraft (NASDAQ: MCFT) reported Q2 EPS of $0.43, $0.08 better than the analyst estimate of $0.35. Revenue for the quarter came in at $99.6 million versus the consensus estimate of $86.75 million.
Second Quarter Highlights:
Net sales for the second quarter decreased to $99.6 million, down 18.0 percent from $121.5 million in the prior-year period.GAAP net income was $6.9 million, down 32.5 percent from $10.2 million in the prior-year period.GAAP diluted earnings per share decreased in the second quarter by $0.17, or 31.5 percent to $0.37, from the prior year period.Diluted Adjusted Net Income per share, a non-GAAP measure,... More