earnings
confidence high
sentiment negative
materiality 0.50
Nobility Homes: Q3 EPS up to $0.60, nine-month EPS down to $1.66
NOBILITY HOMES INC
- Q3 sales $12.1M vs $12.0M; operating income $2.1M vs $2.2M; net income $1.9M vs $1.8M.
- Nine-month sales $35.1M vs $39.0M; net income $5.3M vs $6.1M; EPS $1.66 vs $1.87.
- Retail home sales fell to 137 (from 195); independent dealer sales rose to 184 (from 129) at lower margins.
- Management cites higher rates, supply chain delays, tariffs, labor shortages, inflation; expects challenges into 2027.
- Balance sheet: cash/short-term investments $25.8M, no debt, book value $18.52/share.