In another suspicious trade from United States politicians, Senator Katie Britt sold all her OneWater Marine (NASDAQ: ONEW) shares one week before a disastrous Q2 2024 earnings report.
OneWater Marine suffered a big earnings miss this morning, with profits less than half what Wall Street predicted. Bad weather in Texas hurt the company's results.
OneWater Marine Inc. (NASDAQ:ONEW ) Q3 2024 Earnings Conference Call July 30, 2024 8:30 AM ET Company Participants Jack Ezzell - Chief Financial Officer Austin Singleton - Chief Executive Officer Anthony Aisquith - President and COO Conference Call Participants Drew Crum - Stifel Joe Altobello - Raymond James Michael Swartz - Truist Craig Kennison - Baird Fred Wightman - Wolfe Research Noah Zatzkin - KeyBanc Capital Markets Griffin Bryan - D.A. Davidson Operator Good morning.
While the top- and bottom-line numbers for OneWater Marine (ONEW) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
OneWater Marine (ONEW) came out with quarterly earnings of $1.05 per share, missing the Zacks Consensus Estimate of $2.06 per share. This compares to earnings of $1.95 per share a year ago.
OneWater Marine (ONEW) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.