Investing.com - Malibu Boats Inc reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Malibu Boats Inc announced earnings per share of $1.79 on revenue of $302M. Analysts polled by Investing.com anticipated EPS of $1.68 on revenue of $289.55M.
Malibu Boats Inc shares are up 1% from the beginning of the year , still down 33.10% from its 52 week high of $78.10 set on Friday, November 5, 2021.
Malibu Boats Inc follows other major Consumer Discretionary sector earnings this month
Malibu Boats Inc's report follows an earnings beat by Amazon.com on Thursday, October 27, 2022, who reported EPS of $0.28 on revenue of $127.1B, compared to forecasts EPS of $0.22 on revenue of $127.76B.
Tesla had beat expectations on Wednesday, October 19, 2022 with third quarter EPS of $1.05 on revenue of $21.45B, compared to forecast for EPS of $1.03 on revenue of $22.5B.
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