Recap: MarineMax Q1 Earnings

Shares of MarineMax HZO moved higher by 2.2% in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share increased 153.66% year over year to $1.04, which beat the estimate of $0.59.

Revenue of $411,524,000 rose by 35.29% from the same period last year, which beat the estimate of $381,440,000.

Looking Ahead

Earnings guidance hasn't been issued by the company for now.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Jan 28, 2021

Time: 10:00 AM

ET Webcast URL: http://public.viavid.com/player/index.php?id=142951

Technicals

52-week high: $49.67

Company's 52-week low was at $7.25

Price action over last quarter: Up 65.15%

Company Description

MarineMax Inc is a United-States-based company that sells new and used recreational boats under premium brands, and related marine products, like engines, parts, and accessories. The company is also engaged in other businesses, including providing services of repair, maintenance and storage; managing related boat financing, insurance, and others; offering brokerage sales of boats and yachts; and operating a yacht charter business. The sale of new and used boats account for the majority of the company's total revenue. It serves customers across the U.S.