Recap: MasterCraft Boat Q3 Earnings


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Shares of MasterCraft Boat Hldgs (NASDAQ:MCFT) were unchanged in pre-market trading after the company reported Q3 results.

Quarterly Results

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!

Earnings per share decreased 41.03% year over year to $0.46, which missed the estimate of $0.50.

Revenue of $102,562,000 less by 20.12% from the same period last year, which missed the estimate of $104,380,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

Conference Call Details


FREE REPORT: How To Learn Options Trading Fast

In this special report, you will learn the four best strategies for trading options, how to stay safe as a complete beginner, ​a 411% trade case study, PLUS how to access two new potential winning options trades starting today.Claim Your Free Report Here.


Date: May 06, 2020

Time: 07:00 AM ET

Webcast URL: https://edge.media-server.com/mmc/p/eepvh5o3

Recent Stock Performance

Company's 52-week high was at $26.74

Company's 52-week low was at $4.90

Price action over last quarter: down 47.18%

Company Overview

MasterCraft Boat Holdings designs, manufactures, and markets performance sport boats and outboard boats. The company is based in the United States and operates in two brand-specific segments. The MasterCraft segment generates most of the company's revenue and includes inboard boats for water skiing, wakeboarding, and wake surfing. The NauticStar segment includes outboard boats for fishing and recreational boating. Most of the company's sales are made in North America.


Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.


Posted In: EarningsNews