MasterCraft Boat Holdings, Inc.: Fiscal Q1 Earnings Snapshot

VONORE, Tenn. (AP) — VONORE, Tenn. (AP) — MasterCraft Boat Holdings (MCFT) on Tuesday reported fiscal first-quarter earnings of $12.1 million. The Vonore, Tennessee-based company said it had profit of 50 cents per share. The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share. The sport boats maker posted revenue of $154.1 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $146.5 million. For the current quarter ending in December, MasterCraft Boat Holdings, Inc. expects its per-share earnings to range from 75 cents to 80 cents. The company said it expects revenue in the range of $293 million to $297 million for the fiscal second quarter. This story was generated by Automated Insights ( http://automatedinsights.com/ap ) using data from Zacks Investment Research. Access a Zacks stock report on MCFT at https://www.zacks.com/ap/MCFT