Uncovering Potential: Skyline Champion's Earnings Preview

Skyline Champion (NYSE:SKY) will release its quarterly earnings report on Monday, 2024-10-28. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate Skyline Champion to report an earnings per share (EPS) of $0.81.

Anticipation surrounds Skyline Champion's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Performance in Previous Earnings

The company's EPS beat by $0.17 in the last quarter, leading to a 11.11% increase in the share price on the following day.

Here's a look at Skyline Champion's past performance and the resulting price change:

Quarter

Q1 2025

Q4 2024

Q3 2024

Q2 2024

EPS Estimate

0.74

0.68

0.64

0.79

EPS Actual

0.91

0.62

0.82

0.82

Price Change %

11.0%

-7.000000000000001%

12.0%

-5.0%

Tracking Skyline Champion's Stock Performance

Shares of Skyline Champion were trading at $89.03 as of October 24. Over the last 52-week period, shares are up 50.44%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analyst Opinions on Skyline Champion

For investors, staying informed about market sentiments and expectations in the industry is paramount. This analysis provides an exploration of the latest insights on Skyline Champion.

The consensus rating for Skyline Champion is Neutral, derived from 4 analyst ratings. An average one-year price target of $79.25 implies a potential 10.99% downside.

Analyzing Analyst Ratings Among Peers

In this analysis, we delve into the analyst ratings and average 1-year price targets ...