News

For the quarter ended March 2024, Camping World (CWH) reported revenue of $1.36 billion, down 8.3% over the same period last year. EPS came in at -$0.40, compared to $0.14 in the year-ago quarter.

The reported revenue represents a surprise of -4.92% over the Zacks Consensus Estimate of $1.43 billion. With the consensus EPS estimate being -$0.39, the EPS surprise was -2.56%.

While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Camping World performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Unit sales - New vehicle: 16,882 versus 15,860 estimated by two analysts on average.
• Unit sales - Used vehicle: 10,694 versus 12,213 estimated by two analysts on average.
• Average gross profit per unit - Used vehicles: $5,531 versus $4,801.82 estimated by two analysts on average.
• Average selling price - Used vehicles: $31,577 versus the two-analyst average estimate of $32,545.47.
• Average gross profit per unit - New vehicles: $5,393 versus the two-analyst average estimate of $5,388.28.
• Revenue- Good Sam Services and Plans: $45.68 million compared to the $48.61 million average estimate based on three analysts. The reported number represents a change of -1.5% year over year.
• Revenue- RV and Outdoor Retail- New vehicles: $656.09 million compared to the $661.74 million average estimate based on three analysts. The reported number represents a change of +1.4% year over year.
• Revenue- RV and Outdoor Retail- Used vehicles: $337.69 million versus $399.90 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -24.1% change.
• Revenue- RV and Outdoor Retail- Good Sam Club: $11.22 million versus the three-analyst average estimate of $11.45 million. The reported number represents a year-over-year change of -3.2%.
• Revenue- RV and Outdoor Retail- Finance and insurance, net: $135.45 million versus the three-analyst average estimate of $136.29 million. The reported number represents a year-over-year change of +4.4%.
• Revenue- RV and Outdoor Retail: $1.32 billion compared to the $1.43 billion average estimate based on three analysts. The reported number represents a change of -8.5% year over year.
• Revenue- RV and Outdoor Retail- Products, service and other: $177.89 million versus the three-analyst average estimate of $207.66 million. The reported number represents a year-over-year change of -14.3%.

View all Key Company Metrics for Camping World here>>>

Shares of Camping World have returned -23.9% over the past month versus the Zacks S&P 500 composite's -4.1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

5 Stocks Set to Double

Each was handpicked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2024. While not all picks can be winners, previous recommendations have soared +143.0%, +175.9%, +498.3% and +673.0%.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

To read this article on Zacks.com click here.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.