Benzinga | Nov 1, 2021 11:02AM EDT

Skyline Champion's Earnings Outlook

Skyline Champion (NYSE:SKY) is set to give its latest quarterly earnings report on Tuesday, 2021-11-02. Here's what investors need to know before the announcement.

Analysts estimate that Skyline Champion will likely report an Earnings Per Share (EPS) of $0.62

Skyline Champion bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat on EPS by 47.06%, which was followed by a 4.76% increase in the share price the next day.

Here's a look at Skyline Champion's past performance and the resulting price change:

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021EPS Estimate 0.51 0.38 0.24 0.23EPS Actual 0.75 0.61 0.38 0.31Price Change % 4.76% 18.87% 12.81% 8.16%

Stock Performance

Shares of Skyline Champion were trading at $63.32 as of October 29. Over the last 52-week period, shares are up 118.99%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here