CORRECTION: Manchester United Q3 Adj. EPS $(0.09) Misses $(0.05) Estimate, Sales $206.54M Beat $173.69M Estimate
Portfolio Pulse from Benzinga Newsdesk
Manchester United (NYSE:MANU) reported Q3 adjusted EPS of $(0.09), missing the $(0.05) estimate, while sales of $206.54M beat the $173.69M estimate. This represents a 50% improvement in EPS and a 0.68% increase in sales compared to the same period last year.
June 27, 2023 | 12:02 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Manchester United's Q3 earnings missed estimates with an EPS of $(0.09) but reported better-than-expected sales of $206.54M.
Manchester United's Q3 earnings report showed mixed results, with a worse-than-expected EPS but better-than-expected sales. The stock price may experience short-term volatility due to the mixed results, but the overall impact is neutral as the company showed improvements in both EPS and sales compared to the same period last year.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100