CWH Stock Recent News
CWH LATEST HEADLINES
LINCOLNSHIRE, Ill.--(BUSINESS WIRE)--Camping World Holdings, Inc. (NYSE: CWH) (the "Company") today announced that its financial results for the first quarter fiscal 2024 will be released after the market closes on Wednesday, May 1, 2024. The Company will host a conference call on Thursday, May 2, 2024 at 7:30 a.m. Central Time to discuss the financial results. Investors and analysts interested in participating in the call are invited to dial 877-407-9039 (international callers please dial 1-20.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The headline numbers for Camping World (CWH) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Camping World (CWH) came out with a quarterly loss of $0.47 per share versus the Zacks Consensus Estimate of a loss of $0.54. This compares to loss of $0.20 per share a year ago.
Besides Wall Street's top -and-bottom-line estimates for Camping World (CWH), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended December 2023.
Camping World (CWH) is set to further expand its footprint in Minnesota by acquiring Roth RV by the second quarter of 2024.
Camping World invests heavily in RV retail location growth through acquisitions and greenfield investments. The company's earnings have been impacted by reduced consumer spending after high spending during the Covid pandemic, but CEO Marcus Lemonis expects earnings to recover well in 2024 and forward. The current valuation seems to have an upside into a baseline financial scenario, in my opinion making the stock a high risk-to-reward pick.
Abiding by its supercharged acquisition plan, Camping World (CWH) is set to increase its footprint in Texas and Oklahoma by second-quarter 2024.
Camping World NYSE: CWH cut its dividend by 80%, and the shares fell 50% because of it, but the cut is a good thing. The cuts weren't made because the company couldn't pay but because it used cash flow for growth.
You should make every investment count. Warren Buffett says to think of it as if you have just 20 stocks to buy over your lifetime and every time you buy one, your card gets punched.