Recreational boats manufacturer Malibu Boats (NASDAQ: MBUU) will be reporting earnings this Thursday before market hours. Here’s what to look for.
Malibu Boats beat analysts’ revenue expectations by 5.4% last quarter, reporting revenues of $207 million, up 30.4% year on year. It was a slower quarter for the company, with a significant miss of analysts’ EPS estimates and a miss of analysts’ adjusted operating income estimates. It reported 1,221 boats sold, up 16.8% year on year.
Is Malibu Boats a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.
This quarter, analysts are expecting Malibu Boats’s revenue to grow 8.9% year on year to $186.8 million, a reversal from the 32.9% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.10 per share.
Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Malibu Boats has missed Wall Street’s revenue estimates twice over the last two years.
Looking at Malibu Boats’s peers in the consumer discretionary segment, some have already reported their Q3 results, giving us a hint as to what we can expect. Brunswick delivered year-on-year revenue growth of 6.8%, beating analysts’ expectations by 8.9%, and Nike reported revenues up 1.1%, topping estimates by 6.5%. Brunswick traded up 10.6% following the results while Nike was also up 6.5%.
Read our full analysis of Brunswick’s results here and Nike’s results here.
Debates around the economy’s health and the impact of potential tariffs and corporate tax cuts have caused much uncertainty in 2025. While some of the consumer discretionary stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 2.4% on average over the last month. Malibu Boats is up 3% during the same time and is heading into earnings with an average analyst price target of $35.64 (compared to the current share price of $33.36).
Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we’ve identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link.
StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here.
