Manchester United

Manchester United (MANU) Q3 Earnings and Revenues Top Estimates

Manchester United (MANU) came out with quarterly earnings of $0.06 per share, beating the Zacks Consensus Estimate of a loss of $0.04 per share. This compares to loss of $0.05 per share a year ago. These figures are adjusted for non-recurring items.

This quarterly report represents an earnings surprise of 250%. A quarter ago, it was expected that this soccer club would post earnings of $0.20 per share when it actually produced earnings of $0.36, delivering a surprise of 80%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

Manchester United, which belongs to the Zacks Leisure and Recreation Services industry, posted revenues of $198.03 million for the quarter ended March 2019, surpassing the Zacks Consensus Estimate by 3.72%. This compares to year-ago revenues of $191.19 million. The company has topped consensus revenue estimates four times over the last four quarters.

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