- ExchangeNASDAQ Stock Market
- SectorLeisure Goods
- CountryUnited States
Malibu Boats, Inc. Announces Earnings Release Date and Conference Call Information for Second Quarter Fiscal 2020 Financial Results LOUDON, Tenn., Jan. 16, 2020 (GLOBE NEWSWIRE) -- Malibu Boats, Inc. (Nasdaq: MBUU) announced today that it will release its second quarter fiscal 2020 financial results on Thursday, February 6, 2020 before the market opens. Following the release, the company’s management will host a conference call to discuss the results at 8:30 a.m. Eastern Time on the same day. The call will be hosted by Malibu’s Chief Executive Officer, Jack Springer, and Chief Financial ...
Feasibility Study Results in December to be a Catalyst for this Junior
SQ is currently trading at historical highs relative to UAFRS-based (Uniform) Earnings, with a 72.3x Uniform P/E. At these levels, the market is pricing in expectations for Uniform ROA to improve from 21% in 2018 to 28% by 2023, accompanied by 30% Uniform Asset growth going forward. However, analysts have relatively muted expectations, projecting Uniform ROA to remain at 21% through 2020, accompanied by 34% Uniform Asset growth. Moreover, management appears to have concerns about their mobile app sales strategy, revenue growth, and the benefits of Square Card and the Cash app, suggesting multi...
Malibu Boats, Inc. (MBUU:USA) currently trades below corporate averages relative to UAFRS-based (Uniform) Earnings, with an 8.9x Uniform P/E, implying bearish expectations for the firm. In addition, management appears to have concerns about Pursuit's performance, channel inventory levels, and new model and product line launches. Specifically, management may be exaggerating the success of their M&A strategy, their ability to expand production capacity and drive attractive results at Pursuit, and their positioning across critical segments. Moreover, they may be concerned about their channel inv...