CLEARWATER, Fla. (AP) — CLEARWATER, Fla. (AP) — MarineMax Inc. (HZO) on Thursday reported fiscal third-quarter net income of $44.4 million.
The Clearwater, Florida-based company said it had net income of $1.98 per share. Earnings, adjusted for non-recurring costs, were $2.07 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.93 per share.
The recreational boat dealer posted revenue of $721.8 million in the period, also topping Street forecasts. Four analysts surveyed by Zacks expected $667.6 million.
MarineMax expects full-year earnings in the range of $5.10 to $5.50 per share.
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, source Associated Press News