Compared to Estimates, OneWater Marine (ONEW) Q4 Earnings: A Look at Key Metrics

OneWater Marine (ONEW) reported $377.86 million in revenue for the quarter ended September 2024, representing a year-over-year decline of 16.2%. EPS of -$0.36 for the same period compares to $0.42 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $417.8 million, representing a surprise of -9.56%. The company delivered an EPS surprise of -550.00%, with the consensus EPS estimate being $0.08.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.Here is how OneWater Marine performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenues- New boat: $216.74 million versus the two-analyst average estimate of $241.85 million. The reported number represents a year-over-year change of -18%. Revenues- Service, parts & other: $76.27 million compared to the $79.70 million average estimate based on two analysts. The reported number represents a change of -6.7% year over year. Revenues- Finance & insurance income: $11.47 million versus $12.70 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -12% change. Revenues- Pre-owned boat: $73.37 million versus $88.40 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -20.1% change. Gross Profit- New boat: $35.40 million versus the two-analyst average estimate of $41.05 million. Gross Profit- Service, parts & other: $29.72 million versus the two-analyst average estimate of $31.90 million. Gross Profit- Finance & insurance income: $11.47 million versus the two-analyst average estimate of $12.70 million. Gross Profit- Pre-owned boat: $14.06 million versus $17.20 million estimated by two analysts on average. View all Key Company Metrics for OneWater Marine here>>>Shares of OneWater Marine have returned +1.7% over the past month versus the Zacks S&P 500 composite's +3.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.Free: 5 Stocks to Buy As Infrastructure Spending SoarsTrillions of dollars in Federal funds have been earmarked to repair and upgrade America’s infrastructure. In addition to roads and bridges, this flood of cash will pour into AI data centers, renewable energy sources and more.In, you’ll discover 5 surprising stocks positioned to profit the most from the spending spree that’s just getting started in this space.Download How to Profit from the Trillion-Dollar Infrastructure Boom absolutely free today.Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report OneWater Marine Inc. (ONEW): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks