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MarineMax, Inc (HZO) revealed a profit for its first quarter that increased from the same period last year and beat the Street estimates.


RTTNews | Jan 27, 2022 07:28AM EST

07:27 Thursday, January 27, 2022 (RTTNews.com) - MarineMax, Inc (HZO) revealed a profit for its first quarter that increased from the same period last year and beat the Street estimates.

The company's bottom line came in at $35.9 million, or $1.59 per share. This compares with $23.6 million, or $1.04 per share, in last year's first quarter.

Analysts on average had expected the company to earn $1.13 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 14.9% to $472.7M from $411.5M last year.

MarineMax, Inc earnings at a glance (GAAP) :

-Earnings (Q1): $35.9 Mln. vs. $23.6 Mln. last year.-EPS (Q1): $1.59 vs. $1.04 last year.-Analyst Estimate: $1.13-Revenue (Q1): $472.7M vs. $411.5M last year.

-Guidance:Full year EPS guidance: $7.60-$8.00

Read the original article on RTTNews ( https://www.rttnews.com/3257903/marinemax-inc-bottom-line-climbs-in-q1-beats-estimates.aspx)

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com All Rights Reserved






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