MasterCraft Boat Holdings, Inc. Reports Fiscal 2019 Second Quarter Results
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MasterCraft Boat (MCFT) PT Lowered to $37 at Raymond James
February 8, 2019 7:36 AM ESTRaymond James analyst Joseph Altobello lowered the price target on MasterCraft Boat (NASDAQ: MCFT) to $37.00 (from $44.00) while maintaining a Strong Buy rating.
Altobello notes sales beat amid margin pressures. "That said, we believe these pressures are likely temporary as MCFT remains well... More
MasterCraft (MCFT) Tops Q2 EPS by 5c
February 7, 2019 4:39 PM ESTMasterCraft (NASDAQ: MCFT) reported Q2 EPS of $0.64, $0.05 better than the analyst estimate of $0.59. Revenue for the quarter came in at $121.5 million versus the consensus estimate of $112.54 million.
GUIDANCE:
With the first half of our fiscal 2019 completed, we continue to expect strong top-line and bottom-line growth, along with record-levels of cash flow generation. These will be driven by the Crest acquisition, continued... More
