MarineMax Reports Record Third Quarter Results

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MarineMax (HZO) PT Raised to $30 at Wedbush

July 23, 2020 3:37 PM EDT

Wedbush analyst James Hardiman raised the price target on MarineMax (NYSE: HZO) to $30.00 (from $23.00) while maintaining a Neutral rating.

Boat Sales Leap Past Even Raised Expectations... More

MarineMax (HZO) Tops Q3 EPS by 88c, Revenues Beat

July 23, 2020 6:48 AM EDT

MarineMax (NYSE: HZO) reported Q3 EPS of $1.58, $0.88 better than the analyst estimate of $0.70. Revenue for the quarter came in at $498.3 million versus the consensus estimate of $409.36 million.

W. Brett McGill, Chief Executive Officer and President stated, Generating same-store sales growth of 37% driven by unit growth, clearly demonstrates the strength and flexibility of our business model and the MarineMax Team. Our team worked hard to overcome unprecedented uncertainty in the... More