MarineMax Inc (HZO) Releases Earnings Results, Beats Expectations By $0.03 EPS

MarineMax Inc (HZO) reported quarterly earnings results on Tuesday, Apr-26-2016. The company said it had a profit of $0.10 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.03. Analysts had a consensus of $0.07. The company posted revenue of $199.60 million in the period, compared to analysts expectations of $192.16 million. The company’s revenue was up 16.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.02 EPS.

MarineMax Inc opened for trading at $18.63 and hit $19.58 on the upside on Friday, eventually ending the session at $19.52, with a gain of 4.05% or 0.76 points. The heightened volatility saw the trading volume jump to 4,00,612 shares. Company has a market cap of $501 M.

In a different news, on Mar 22, 2016, William H Jr Mcgill (President, Chairman and CEO) sold 13,830 shares at $19.14 per share price. According to the SEC, on Nov 10, 2015, Hilliard M Eure (director) sold 10,000 shares at $15.77 per share price. On Jun 18, 2015, Paulee C Day (VP and General Counsel) sold 150 shares at $26.00 per share price, according to the Form-4 filing with the securities and exchange commission.

MarineMax Inc. is a recreational boat dealer in the United States. Through 54 retail locations in Alabama Arizona California Colorado Connecticut Florida Georgia Kansas Maryland Minnesota Missouri New Jersey New York North Carolina Ohio Oklahoma Rhode Island Tennessee and Texas the Company sells new and used recreational boats including pleasure and fishing boats. The Company also provides repair maintenance and slip and storage services; arrange related boat financing insurance and extended service contracts; offers boat and yacht brokerage services and operates a yacht charter business. It is also retailer of Sea Ray Boston Whaler Bayliner Cabo Hatteras and Meridian recreational boats and yachts all of which are manufactured by Brunswick Corporation (Brunswick).

MarineMax Inc

Leave a Reply

MarineMax Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on MarineMax Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.