MarineMax: Fiscal Q2 Earnings Snapshot

Associated Press Finance
1 min read
0
In this article:

CLEARWATER, Fla. (AP) — CLEARWATER, Fla. (AP) — MarineMax Inc. (HZO) on Thursday reported fiscal second-quarter earnings of $30 million.

The Clearwater, Florida-based company said it had net income of $1.35 per share. Earnings, adjusted for non-recurring gains, were $1.23 per share.

The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.75 per share.

The recreational boat dealer posted revenue of $570.3 million in the period, which also fell short of Street forecasts. Four analysts surveyed by Zacks expected $607.2 million.

MarineMax expects full-year earnings in the range of $4.90 to $5.50 per share.

_____

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

Advertisement

Recommended Stories