Recap: Manchester United Q1 Earnings
Portfolio Pulse from Benzinga Insights
Manchester United (NYSE:MANU) reported Q1 earnings with an EPS of $-0.067, missing estimates by 11.67%. Revenue increased by $29.72 million from the previous year. The company had previously missed EPS estimates in the last quarter, resulting in a 0.23% share price drop the following day. Historical earnings performance shows missed estimates in the past three quarters.
January 17, 2024 | 11:15 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Manchester United reported a larger than expected Q1 earnings loss and has shown a pattern of missing EPS estimates, which may negatively impact investor sentiment.
Manchester United's Q1 earnings miss and historical pattern of not meeting EPS expectations could lead to a negative short-term reaction in the stock price, similar to the 0.23% drop experienced last quarter.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100