MarineMax (HZO) Reports Q1 EPS of $0.19, Beats on Revenues; Boosts FY18 EPS Guidance Above Consensus

MarineMax (NYSE: HZO) reported Q1 EPS of $0.19, versus $0.00 reported last year. Revenue for the quarter came in at $236.9 million versus the consensus estimate of $229.02 million.

2018 Guidance

Based on current business conditions, the recently passed tax legislation, retail trends and other factors, the Company is raising its annual guidance expectations for fully taxed earnings per diluted share to be in the range of $1.30 to $1.40 for fiscal 2018 from its previous guidance of $1.10 to $1.20. These expectations do not take into account or give effect for future material acquisitions that may be completed by the Company during the fiscal year or other unforeseen events.

Highlights

• Record December Quarter Revenue Grew to $236.9 Million~
• Record December Quarter Pretax Earnings Increased Over 44% to $6.5 Million~
• Record December Quarter After-Tax EPS Grew over 72% to $0.19 Per Diluted Share~
• Full Fiscal Year 2018 Guidance Raised~

GUIDANCE:

MarineMax sees FY2018 EPS of $1.30-$1.40, versus the consensus of $1.19.

For earnings history and earnings-related data on MarineMax (HZO) click here.

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