MarineMax: Fiscal Q1 Earnings Snapshot
CLEARWATER, Fla. (AP) — CLEARWATER, Fla. (AP) — MarineMax Inc. (HZO) on Thursday reported fiscal first-quarter net income of $930,000.
On a per-share basis, the Clearwater, Florida-based company said it had net income of 4 cents. Earnings, adjusted for one-time gains and costs, came to 19 cents per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share.
The recreational boat dealer posted revenue of $527.3 million in the period, exceeding Street forecasts. Four analysts surveyed by Zacks expected $520.2 million.
MarineMax expects full-year earnings in the range of $3.20 to $3.70 per share.
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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
