Manchester United Reports Q3 Basic EPS Loss of GBP 0.0683; Adjusted Income Positive
MANU sits 59% above its 52-week low of $13.22.
Summary
Manchester United reported a Q3 basic EPS loss of GBP 0.0683, which is slightly wider than yesterday's analyst estimate. This contrasts with positive adjusted net income of GBP 5.1 million, operating income of GBP 5.1 million, and adjusted EBITDA of GBP 84.7 million. The company also provided full-year revenue guidance of GBP 655-665 million and adjusted EBITDA guidance of GBP 200-210 million. This follows the company's 6-K filing today, which highlighted strong Q3 financial results and revenue growth.
At the time of this announcement, MANU was trading at $21.01 on NYSE in the Trade & Services sector, with a market capitalization of approximately $3.4B. The 52-week trading range was $13.22 to $20.61. This news item was assessed with neutral market sentiment and an importance score of 8 out of 10. Source: Reuters.