Investing.com - Mastercraft Boat reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Mastercraft Boat announced earnings per share of $1.77 on revenue of $217.65M. Analysts polled by Investing.com anticipated EPS of $1.49 on revenue of $195.22M.
Mastercraft Boat shares are down 16% from the beginning of the year, still down 20.01% from its 52 week high of $29.69 set on February 10. They are outperforming the Nasdaq which is down 24.63% from the start of the year.
Mastercraft Boat shares lost 0.08% in pre-market trade following the report.
Mastercraft Boat follows other major Consumer Discretionary sector earnings this month
Mastercraft Boat's report follows an earnings beat by Home Depot on August 16, who reported EPS of $5.05 on revenue of $43.79B, compared to forecasts EPS of $4.95 on revenue of $43.36B.
Lowe’s had beat expectations on August 17 with second quarter EPS of $4.67 on revenue of $27.48B, compared to forecast for EPS of $4.58 on revenue of $28.12B.
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