Camping World Holdings Inc. (CWH) Set to Announce Quarterly Earnings on Thursday
Camping World Holdings Inc. (NYSE:CWH) is scheduled to issue its quarterly earnings data after the market closes on Thursday, November 9th. Analysts expect the company to announce earnings of $0.62 per share for the quarter.
Camping World Holdings (NYSE:CWH) last released its quarterly earnings data on Thursday, August 10th. The company reported $0.84 EPS for the quarter, topping the consensus estimate of $0.69 by $0.15. Camping World Holdings had a net margin of 2.51% and a negative return on equity of 319.74%. The business had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.16 billion. During the same period in the previous year, the firm earned $0.65 EPS. The business’s revenue for the quarter was up 20.1% compared to the same quarter last year. On average, analysts expect Camping World Holdings to post $2.14 EPS for the current fiscal year and $2.26 EPS for the next fiscal year.
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CWH has been the topic of a number of research analyst reports. Zacks Investment Research lowered Camping World Holdings from a “hold” rating to a “sell” rating in a report on Thursday, July 6th. J P Morgan Chase & Co raised Camping World Holdings from a “neutral” rating to an “overweight” rating and lifted their target price for the stock from $37.00 to $38.00 in a report on Thursday, July 13th. Monness Crespi & Hardt initiated coverage on Camping World Holdings in a report on Monday, August 7th. They set a “buy” rating and a $40.00 target price on the stock. Robert W. Baird lifted their target price on Camping World Holdings from $35.00 to $40.00 and gave the stock an “outperform” rating in a report on Friday, August 11th. Finally, Credit Suisse Group set a $40.00 target price on Camping World Holdings and gave the stock a “buy” rating in a report on Friday, August 11th. Thirteen analysts have rated the stock with a buy rating and one has issued a strong buy rating to the stock. Camping World Holdings has an average rating of “Buy” and an average price target of $41.88.
In related news, insider Brent L. Moody sold 21,464 shares of Camping World Holdings stock in a transaction dated Monday, September 18th. The stock was sold at an average price of $38.44, for a total value of $825,076.16. Following the transaction, the insider now owns 81,464 shares of the company’s stock, valued at approximately $3,131,476.16. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Roger L. Nuttall sold 67,146 shares of Camping World Holdings stock in a transaction dated Tuesday, September 19th. The stock was sold at an average price of $38.55, for a total value of $2,588,478.30. Following the completion of the transaction, the insider now directly owns 79,259 shares in the company, valued at approximately $3,055,434.45. The disclosure for this sale can be found here. Insiders sold a total of 7,275,475 shares of company stock worth $293,438,085 in the last three months. 66.60% of the stock is currently owned by company insiders.
About Camping World Holdings
Camping World Holdings, Inc is a provider of a portfolio of services, protection plans, products and resources for recreational vehicle (RV) enthusiasts. The Company operates through two segments: Consumer Services and Plans, and Retail. Within the Consumer Services and Plans segment, the Company derives revenue from the sale of the offerings, including emergency roadside assistance; property and casualty insurance programs; travel assist programs; extended vehicle service contracts; co branded credit cards; vehicle financing and refinancing; club memberships, and publications and directories.
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