MarineMax, Inc. ($HZO) 4Q20 Earnings Preview

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MarineMax, Inc. (NYSE:HZO) is set to announce fourth quarter earning results on Wednesday 28th October 2020, before market open.

Analysts surveyed by Thomson Reuters are predicting, HZO to report 4Q20 income of $ 0.38 per share.

For the full year, analysts anticipate top line of $ 1452.32 million, while looking forward to income of $ 2.61 per share bottom line.

The Company Outlook

Full Year 2020 bottomline are predicted in a range of $ 1.82 ~ $ 1.92 per share

Click Here For More Historical Outlooks Of MarineMax, Inc.

Previous Quarter Performance

MarineMax, Inc. announced income for the third quarter of $ 1.58 per share, from the revenue of $ 498.30 million. Street analysts expected MarineMax, Inc. to report income of $ 0.72 per share on revenue of $ 409.36 million for the third quarter. The bottom line results beat street analysts by $ 0.86 or 119.44 percent, at the same time, top line results outshined analysts by $ 88.94 million or 21.73 percent.

Stock Performance

Shares of MarineMax, Inc. traded low $ -0.20 or -0.74 percent on Tuesday, reaching $ 26.93 with volume of 297.20 thousand shares. MarineMax, Inc. has traded high as $ 27.55 and has cracked $ 26.71 on the downward trend

According to the previous trading day, closing price of $ 26.93, representing a 274.21 % increase from the 52 week low of $ 7.25 and a 20.35 % decrease over the 52 week high of $ 34.06.

The company has a market capital of $ 582.44 million and is part of the Consumer Cyclical sector and Specialty Retail industry.

Recent Analyst recommendations

  • On 23rd September 2020, initiated by Wolfe Research at Outperform rating, with $ 29.00 target price.
Conference Call

MarineMax, Inc. will be hosting a conference call at 9:00 AM eastern time on 28th 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.marinemax.com

MarineMax, Inc. operates as a recreational boat and yacht retailer in the United States. The company sells new and used recreational boats, including pleasure boats, such as sport boats, sport cruisers, sport yachts, and other yachts; fishing boats; motor and convertible yachts; pontoon boats; fishing boats; ski boats; and jet boats.