Skyline Champion Corporation (NYSE:SKY) is expected to report second quarter earnings results, after market close, on Tuesday 27th October 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.23 per share from revenue of $ 319.45 million.
Looking ahead, the full year income are expected at $ 0.94 per share on the revenues of $ 1247.56 million.
Previous Quarter Performance
Skyline Champion Corporation came out with income for the first quarter of $ 0.22 per share, from the revenue of $ 273.29 million. The consensus estimates are income of $ 0.04 per share from $ 247.91 million in revenue. The bottom line results beat street analysts by $ 0.18 or 450.00 percent, at the same time, top line results outshined analysts by $ 25.38 million or 10.24 percent.
Stock Performance
Shares of Skyline Champion Corporation traded up $ 1.19 or 4.59 percent on Friday, reaching $ 27.09 with volume of 262.20 thousand shares. Skyline Champion Corporation has traded high as $ 27.26 and has cracked $ 26.00 on the downward trend
According to the previous trading day, closing price of $ 27.09, representing a 139.37 % increase from the 52 week low of $ 10.82 and a 30.06 % decrease over the 52 week high of $ 37.03.
The company has a market capital of $ 1.54 billion and is part of the Consumer Cyclical sector and Residential Construction industry.
Skyline Champion Corporation operates as a factory-built housing company in North America. The company offers manufactured and modular homes, as well as park-models and modular buildings for the multi-family, hospitality, and senior and workforce housing sectors. It builds homes under the brand names of Skyline Homes, Champion Home Builders, Athens Park Models, Dutch Housing, Excel Homes, Homes of Merit, New Era, Redman Homes, Shore Park, Silvercrest, Titan Homes in the U.S., and Moduline and SRI Homes in western Canada.