MarineMax (HZO) Misses Q3 EPS by 11c, Miss on Revenues; Lowers FY17 EPS Guidance

MarineMax (NYSE: HZO) reported Q3 EPS of $0.57, $0.11 worse than the analyst estimate of $0.68. Revenue for the quarter came in at $329.8 million versus the consensus estimate of $382.44 million.

GUIDANCE:

MarineMax sees Q4 2017 EPS of $0.97-$1.02, versus the consensus of $1.22.

2017 Guidance

Based on current business conditions, retail trends and other factors, the Company is updating its annual guidance expectations for fully taxed earnings per diluted share to be in the range of $0.97 to $1.02 for fiscal 2017, from $1.14 to $1.24. These expectations do not take into account, or give effect for future material acquisitions that may be completed by the Company during the fiscal year or other unforeseen events.

For earnings history and earnings-related data on MarineMax (HZO) click here.

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