Camping World (CWH) Reports Earnings Tomorrow. What To Expect

Recreational vehicle (RV) and boat retailer Camping World (NYSE:CWH) will be announcing earnings results tomorrow afternoon. Here's what to expect.

Last quarter Camping World reported revenues of $1.73 billion, down 6.8% year on year, beating analyst revenue expectations by 1.7%. It was a stunning quarter for the company, with an impressive beat of analysts' earnings estimates. For the full year 2024, Camping World expects year on year growth in revenue, gross profit and EPS.

Is Camping World buy or sell heading into the earnings? Read our full analysis here, it's free.

This quarter analysts are expecting Camping World's revenue to decline 11% year on year to $1.14 billion, a further deceleration on the 7.1% year-over-year decrease in revenue the company had recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.55 per share.

Majority of analysts covering the company have reconfirmed their estimates over the last thirty days, suggesting they are expecting the business to stay the course heading into the earnings. The company only missed Wall St's revenue estimates once over the last two years, and has on average exceeded top line expectations by 2.5%.

Looking at Camping World's peers in the automotive and marine retail segment, some of them have already reported Q4 earnings results, giving us a hint of what we can expect. Lithia delivered top-line growth of 10.5% year on year, missing analyst estimates by 3.5% and O'Reilly reported revenues up 5.1% year on year, missing analyst estimates by 0.8%. Lithia traded down 1.2% on the results, and O'Reilly was down 4.9%.

Read our full analysis of Lithia's results here and O'Reilly's results here.

There has been positive sentiment among investors in the automotive and marine retail segment, with the stocks up on average 4.2% over the last month. Camping World is down 0.3% during the same time, and is heading into the earnings with analyst price target of $29, compared to share price of $25.9.

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