Camping World Holdings First Quarter 2024 Earnings: Misses Expectations
Camping World Holdings (NYSE:CWH) First Quarter 2024 Results
Key Financial Results
Revenue: US$1.36b (down 8.3% from 1Q 2023).
Net loss: US$22.3m (down from US$3.17m profit in 1Q 2023).
US$0.49 loss per share (down from US$0.071 profit in 1Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Camping World Holdings Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 4.4%. Earnings per share (EPS) also missed analyst estimates by 40%.
Looking ahead, revenue is forecast to grow 8.1% p.a. on average during the next 2 years, compared to a 5.0% growth forecast for the Specialty Retail industry in the US.
Performance of the American Specialty Retail industry.
The company's shares are down 4.4% from a week ago.
Valuation
Following the latest earnings results, Camping World Holdings may be undervalued based on 6 different valuation benchmarks we assess. To access our thorough examination of analyst consensus click here and discover the expected future direction of the company.
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