Recreational vehicle (RV) and boat retailer Camping World (NYSE:CWH) will be reporting earnings tomorrow after the bell. Here's what to look for.

Camping World missed analysts' revenue expectations by 2.5% last quarter, reporting revenues of $1.11 billion, down 13.4% year on year. It was a solid quarter for the company, with an impressive beat of analysts' earnings estimates and a decent beat of analysts' gross margin estimates.

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

This quarter, analysts are expecting Camping World's revenue to decline 4.1% year on year to $1.43 billion, improving from the 10.6% decrease it recorded in the same quarter last year. Adjusted loss is expected to come in at -$0.37 per share.

The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Camping World has missed Wall Street's revenue estimates twice over the last two years.

Looking at Camping World's peers in the automotive and marine retail segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Lithia delivered year-on-year revenue growth of 22.7%, meeting analysts' expectations, and CarMax reported a revenue decline of 1.7%, falling short of estimates by 3.2%. Lithia traded down 2.7% following the results while CarMax was also down 9.8%.

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

Stocks--especially those trading at higher multiples--had a strong end of 2023, but 2024 has seen periods of volatility. Mixed inflation signals have led to uncertainty around rate cuts, and while some of the automotive and marine retail stocks have fared somewhat better, they have not been spared, with share prices down 9.1% on average over the last month. Camping World is down 23.9% during the same time and is heading into earnings with an average analyst price target of $30.1 (compared to the current share price of $21.28).

When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we’ve found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback.