Camping World (NYSE:CWH) Releases Quarterly Earnings Results, Misses Estimates By $0.04 EPS
Camping World (NYSE:CWH) announced its quarterly earnings results on Thursday. The company reported $0.14 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.18 by ($0.04), Briefing.com reports. Camping World had a negative net margin of 0.37% and a negative return on equity of 9.12%. The business had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.32 billion. During the same quarter in the prior year, the firm earned $0.49 EPS. Camping World’s revenue for the quarter was up 6.0% on a year-over-year basis.
CWH stock traded up $0.84 during trading on Friday, hitting $10.61. The stock had a trading volume of 1,660,589 shares, compared to its average volume of 874,812. The company has a debt-to-equity ratio of 79.52, a current ratio of 1.35 and a quick ratio of 0.26. Camping World has a twelve month low of $7.12 and a twelve month high of $19.57. The stock has a market capitalization of $856.14 million, a P/E ratio of 9.47 and a beta of 3.13. The company’s 50-day moving average price is $9.07 and its two-hundred day moving average price is $10.51.
In other news, Director Andris A. Baltins acquired 20,000 shares of the stock in a transaction that occurred on Monday, August 12th. The shares were bought at an average cost of $9.02 per share, for a total transaction of $180,400.00. Following the acquisition, the director now owns 44,204 shares in the company, valued at approximately $398,720.08. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Abrams Capital Management, L.P acquired 585,200 shares of the stock in a transaction that occurred on Tuesday, October 8th. The stock was purchased at an average price of $7.93 per share, for a total transaction of $4,640,636.00. The disclosure for this purchase can be found here. Over the last quarter, insiders purchased 1,087,330 shares of company stock worth $8,529,783. 49.40% of the stock is currently owned by insiders.
Camping World Company Profile
Camping World Holdings, Inc, through its subsidiaries, operates as an outdoor and camping retailer. The company operates through three segments: Consumer Services and Plans, Dealership, and Retail. It provides a portfolio of services, protection plans, products, and resources for recreational vehicle (RV) owners and camping enthusiasts.
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