Earnings Outlook For Manchester United
Portfolio Pulse from Benzinga Insights
Manchester United (NYSE:MANU) is scheduled to release its quarterly earnings report on Tuesday, 2024-03-12, with an estimated EPS of $-0.22. Analysts and investors are keen on whether the company will surpass this estimate and provide positive guidance for the next quarter. Historical data shows mixed reactions in stock price to past earnings performances, with the last quarter's miss of $0.01 EPS resulting in a 1.15% share price increase the following day.
March 11, 2024 | 2:02 pm
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Manchester United is anticipated to report a quarterly EPS of -$0.22 on 2024-03-12. Investors are watching for an earnings beat and positive future guidance, which could influence the stock's short-term performance.
Given Manchester United's history of stock price reactions to earnings reports and the anticipation of beating the EPS estimate along with positive future guidance, there is a potential for the stock to experience a short-term increase. The last quarter's miss, which still resulted in a stock price increase, supports the notion that positive guidance could have a significant impact.
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IMPORTANCE 90
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