Manchester United Ltd. ($MANU) 4Q20 Earnings Preview

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Manchester United Ltd. (NYSE:MANU) is reporting fourth quarter earnings results on Wednesday 21st October 2020, before market open.

The Company Outlook

Full Year 2020 topline are forecasted in a range of$ 728.00 million ~ $ 754.00 million

Click Here For More Historical Outlooks Of Manchester United Ltd.

Previous Quarter Performance

Manchester United Ltd. posted loss for the third quarter of $ 0.06 per share, from the revenue of $ 158.47 million. The consensus estimates are income of $ 1.00 per share from $ 175.01 million in revenue. The bottom line results missed street analysts by $ 1.06 or 106 percent, at the same time, top line results fell short of analysts by $ 16.54 million or 9.45 percent.

Stock Performance

Shares of Manchester United Ltd. traded low $ -0.17 or -1.26 percent on Tuesday, reaching $ 13.31 with volume of 214.70 thousand shares. Manchester United Ltd. has traded high as $ 13.67 and has cracked $ 13.28 on the downward trend

The closing price of $ 13.31, representing a 11.77 % increase from the 52 week low of $ 12.06 and a 34.18 % decrease over the 52 week high of $ 20.48.

The company has a market capital of $ 2.19 billion and is part of the Consumer Cyclical sector and Leisure industry.

Conference Call

Manchester United Ltd. will be hosting a conference call at 8:00 AM eastern time on 21st October 2020, to discuss its 4Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.manutd.com

Manchester United plc, together with its subsidiaries, owns and operates a professional sports team in the United Kingdom. The company operates Manchester United Football Club, a professional football club. It develops marketing and sponsorship relationships with international and regional companies to leverage its brand.