MarineMax Inc reports results for the quarter ended March 31 - Earnings Summary

• MarineMax Inc HZO.N reported quarterly adjusted earnings of 23 cents​​ per share for the quarter ended March 31, higher than the same quarter last year, when the company reported EPS of 18 cents. The mean expectation of nine analysts for the quarter was for earnings of 12 cents per share. Wall Street expected results to range from -1 cents to 23 cents per share.

• Revenue rose 8.3% to $631.52 million from a year ago; analysts expected $578.62 million.

• MarineMax Inc's reported EPS for the quarter was 14 cents​.

• The company reported quarterly net income of $3.3 million.

• MarineMax Inc shares had fallen by 10.1% this quarter and lost 33.3% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 38.5% 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 7 "strong buy" or "buy," 2 "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 $40.00

This summary was machine generated from LSEG data April 24 at 01:32 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)