Manchester United Q4 Adj EPS $(0.20) Misses $(0.17) Estimate, Sales $179.426M Miss $189.09M Estimate
Portfolio Pulse from Benzinga Newsdesk
Manchester United reported a Q4 adjusted EPS of $(0.20), missing the estimate of $(0.17). Sales were $179.426 million, also below the expected $189.09 million.
September 11, 2024 | 11:07 am
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NEGATIVE IMPACT
Manchester United's Q4 earnings report showed a miss on both EPS and sales estimates, with EPS at $(0.20) versus the expected $(0.17) and sales at $179.426 million compared to the $189.09 million estimate.
The earnings miss on both EPS and sales is likely to negatively impact Manchester United's stock price in the short term as it indicates weaker than expected financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100