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MarineMax: Fiscal 2Q Earnings Snapshot

CLEARWATER, Fla. (AP) _ MarineMax Inc. (HZO) on Thursday reported fiscal second-quarter profit of $5.3 million.

On a per-share basis, the Clearwater, Florida-based company said it had profit of 23 cents.

The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 31 cents per share.

The recreational boat dealer posted revenue of $303.6 million in the period, beating Street forecasts. Six analysts surveyed by Zacks expected $289.9 million.

MarineMax expects full-year earnings to be $1.75 to $1.85 per share.

MarineMax shares have increased 8 percent since the beginning of the year. The stock has climbed 12 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HZO at https://www.zacks.com/ap/HZO