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Compared to Estimates, MarineMax (HZO) Q3 Earnings: A Look at Key Metrics
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For the quarter ended June 2024, MarineMax (HZO - Free Report) reported revenue of $757.72 million, up 5% over the same period last year. EPS came in at $1.51, compared to $2.07 in the year-ago quarter.
The reported revenue represents a surprise of +5.73% over the Zacks Consensus Estimate of $716.68 million. With the consensus EPS estimate being $1.35, the EPS surprise was +11.85%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how MarineMax performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Same-store sales growth [%]: 4% compared to the -1.5% average estimate based on two analysts.
Revenue- Retail Operations: $752.17 million versus the two-analyst average estimate of $724.95 million. The reported number represents a year-over-year change of +9.5%.
Revenue- Elimination of intersegment revenue: -$32.51 million compared to the -$39 million average estimate based on two analysts. The reported number represents a change of +88.9% year over year.
Revenue- Product Manufacturing: $38.06 million versus $42.80 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -26.6% change.
Shares of MarineMax have returned -3.5% over the past month versus the Zacks S&P 500 composite's -0.3% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.
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Compared to Estimates, MarineMax (HZO) Q3 Earnings: A Look at Key Metrics
For the quarter ended June 2024, MarineMax (HZO - Free Report) reported revenue of $757.72 million, up 5% over the same period last year. EPS came in at $1.51, compared to $2.07 in the year-ago quarter.
The reported revenue represents a surprise of +5.73% over the Zacks Consensus Estimate of $716.68 million. With the consensus EPS estimate being $1.35, the EPS surprise was +11.85%.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
Here is how MarineMax performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Same-store sales growth [%]: 4% compared to the -1.5% average estimate based on two analysts.
- Revenue- Retail Operations: $752.17 million versus the two-analyst average estimate of $724.95 million. The reported number represents a year-over-year change of +9.5%.
- Revenue- Elimination of intersegment revenue: -$32.51 million compared to the -$39 million average estimate based on two analysts. The reported number represents a change of +88.9% year over year.
- Revenue- Product Manufacturing: $38.06 million versus $42.80 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a -26.6% change.
View all Key Company Metrics for MarineMax here>>>Shares of MarineMax have returned -3.5% over the past month versus the Zacks S&P 500 composite's -0.3% change. The stock currently has a Zacks Rank #5 (Strong Sell), indicating that it could underperform the broader market in the near term.