MarineMax Expects FY25 Adjusted EPS Of $1.80 - $2.80, Est $3.00
Portfolio Pulse from Benzinga Newsdesk
MarineMax has revised its FY25 adjusted EPS guidance to a range of $1.80 to $2.80, below the estimated $3.00. This adjustment is due to preliminary assessments of damage from Hurricanes Helene and Milton, along with current business conditions and retail trends.
October 31, 2024 | 10:49 am
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MarineMax has lowered its FY25 adjusted EPS guidance to $1.80-$2.80, below the $3.00 estimate, due to hurricane damage and current business conditions.
MarineMax's revised EPS guidance is significantly lower than the previous estimate, indicating potential financial challenges due to hurricane damage and current market conditions. This is likely to negatively impact investor sentiment and the stock price in the short term.
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