Five analysts have made estimates for Camping World’s earnings, with the lowest sales estimate coming in at $1.27 billion and the highest estimate coming in at $1.41 billion. Camping World reported sales of $1.13 billion during the same quarter last year, which would suggest a positive year-over-year growth rate of 16.8%. The firm is expected to issue its next quarterly earnings results on Thursday, Feb. 24.
According to Zacks, analysts expect that Camping World will report full-year sales of $6.86 billion for the current fiscal year, with estimates ranging from $6.80 billion to $6.95 billion. For the next fiscal year, analysts forecast that the firm will report sales of $7.17 billion, with estimates ranging from $6.98 billion to $7.38 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of sell-side research firms that cover Camping World.
Camping World (NYSE: CWH) last announced its quarterly earnings results on Monday, Nov. 1. The company reported $1.98 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.35. Camping World had a return on equity of 181.83% and a net margin of 3.98%. The business had revenue of $1.92 billion during the quarter, compared to the consensus estimate of $1.85 billion. During the same quarter last year, the firm posted $1.44 EPS.
Several research firms have weighed in on CWH. Truist lowered their price objective on Camping World from $54 to $50 and set a “buy” rating on the stock in a research report on Sept. 17. Raymond James increased their price objective on Camping World from $47 to $54 and gave the stock an “outperform” rating in a research report on Nov. 4. Truist Securities lowered their price objective on Camping World from $54 to $50 and set a “buy” rating on the stock in a research report on Sept. 17.
Finally, Zacks Investment Research upgraded Camping World from a “hold” rating to a “buy” rating and set a $43 price objective on the stock in a research report on Nov. 2. One analyst has rated the stock with a hold rating and eight have given a buy rating to the company. According to MarketBeat, Camping World has a consensus rating of “Buy” and an average price target of $52.78.