Skyline Champion Corp. Reveals Increase In Q2 Earnings, Beats estimates

(RTTNews) - Skyline Champion Corp. (SKY) reported earnings for its second quarter that climbed from the same period last year.

The company's profit totaled $50.72 million, or $0.89 per share. This compares with $17.51 million, or $0.31 per share, in last year's second quarter.

Analysts had expected the company to earn $0.62 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 62.6% to $524.23 million from $322.37 million last year.

Skyline Champion Corp. earnings at a glance:

-Earnings (Q2): $50.72 Mln. vs. $17.51 Mln. last year. -EPS (Q2): $0.89 vs. $0.31 last year. -Analysts Estimate: $0.62 -Revenue (Q2): $524.23 Mln vs. $322.37 Mln last year.