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
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