MarineMax Inc reports results for the quarter ended in December - Earnings Summary

MarineMax

25/01/2024 14:31

* MarineMax Inc  HZO.N  reported quarterly adjusted earnings
of 19
cents​​ per share for the quarter ended in December, lower than
the same quarter last year, when the company reported EPS of
$1.24.  The mean expectation of nine analysts for the quarter
was for earnings of 50 cents per share. Wall Street expected
results to range from 26 cents to 68 cents per share.
    * Revenue rose 3.8% to $527.27 million from a year ago;
analysts
expected $521.28 million. 
    * MarineMax Inc's reported EPS for the quarter was 4 cents​.
    * The company reported quarterly net income of $930
thousand.
    * MarineMax Inc shares had fallen by 14.7% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 13.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the recreational
products peer group is also "buy"

Wall Street's median 12-month price target for MarineMax Inc is
$42.00 
This summary was machine generated from LSEG data January 25 at
02:30 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.50           0.19           Missed
 Sep. 30 2023      0.74           0.69           Missed
 Jun. 30 2023      1.84           2.07           Beat
 Mar. 31 2023      1.75           1.23           Missed