MarineMax (HZO) Tops Q1 EPS by 44c, Raises Guidance

MarineMax (NYSE: HZO) reported Q1 EPS of $1.59, $0.44 better than the analyst estimate of $1.15. Revenue for the quarter came in at $472.7 million versus the consensus estimate of $447.8 million.

GUIDANCE:

MarineMax sees FY2022 EPS of $7.60-$8.00, versus the consensus of $7.40.

• Based on current business conditions, retail trends and other factors, as well as contributions from acquisitions closed in the December 2021 quarter, the Company is raising its fiscal year 2022 guidance for earnings per diluted share to a range of $7.60 to $8.00, which is increased from its previously provided guidance of $7.20 to $7.50 per diluted share. This compares to earnings per diluted share of $6.78 in fiscal 2021. These expectations do not consider, or give effect for, material acquisitions that may be completed by the Company during fiscal 2022 or other unforeseen events, including changes in global economic conditions.

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

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