OneWater Marine Inc reports results for the quarter ended March 31 - Earnings Summary

• OneWater Marine Inc ONEW.OQ reported quarterly adjusted earnings of 13 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 67 cents. The mean expectation of six analysts for the quarter was for earnings of 39 cents per share. Wall Street expected results to range from 25 cents to 60 cents per share.

• Revenue fell 1% to $483.52 million from a year ago; analysts expected $497.72 million.

• OneWater Marine Inc's reported EPS for the quarter was a loss of 2 cents​.

• The company reported a quarterly loss of $368 thousand.

• OneWater Marine Inc shares had fallen by 7.2% this quarter and lost 13.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 16.3% in the last three months.​

• In the last 30 days, three analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 3 "hold" and no "sell" or "strong sell." The average consensus recommendation for the recreational products peer group is also "buy"

• Wall Street's median 12-month price target for OneWater Marine Inc is $17.00

This summary was machine generated from LSEG data May 1 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)