Skyline (NYSEAMERICAN:SKY) will be releasing its earnings data after the market closes on Wednesday, July 31st. Analysts expect Skyline to post earnings of $0.30 per share for the quarter.
Skyline (NYSEAMERICAN:SKY) last issued its quarterly earnings results on Tuesday, May 21st. The construction company reported $0.26 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.21 by $0.05. The business had revenue of $327.68 million for the quarter, compared to the consensus estimate of $348.50 million.
Shares of NYSEAMERICAN SKY opened at $27.30 on Tuesday. Skyline has a twelve month low of $12.72 and a twelve month high of $31.19.
In other news, VP Timothy A. Burkhardt sold 4,889 shares of Skyline stock in a transaction on Thursday, May 23rd. The stock was sold at an average price of $25.14, for a total value of $122,909.46. Following the transaction, the vice president now directly owns 60,736 shares in the company, valued at approximately $1,526,903.04. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Roger K. Scholten sold 5,329 shares of Skyline stock in a transaction on Friday, May 17th. The shares were sold at an average price of $22.02, for a total value of $117,344.58. Following the completion of the transaction, the senior vice president now owns 186,782 shares in the company, valued at $4,112,939.64. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 1,221,839 shares of company stock valued at $30,811,287.
A number of brokerages have weighed in on SKY. Zacks Investment Research lowered Phoenix New Media from a “hold” rating to a “sell” rating in a research report on Tuesday, July 23rd. Royal Bank of Canada set a $37.00 target price on Toll Brothers and gave the company a “hold” rating in a research report on Thursday, May 23rd. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company currently has a consensus rating of “Buy” and an average target price of $26.71.
Skyline Company Profile
Skyline Corporation designs, produces, and markets manufactured housing, modular housing, and park models to independent dealers and manufactured housing communities in the United States and Canada. The company's manufactured housing models include two to four bedrooms, kitchen, dining area, living room, one or two bathrooms, kitchen appliances, and central heating and cooling products, as well as exterior dormers and windows, interior or exterior accent columns, fireplaces, and whirlpool tubs.
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