Manchester United (NYSE:MANU) is scheduled to be announcing its earnings results before the market opens on Thursday, February 14th. Analysts expect the company to announce earnings of $0.20 per share for the quarter. Manchester United has set its FY 2019 guidance at EPS.Parties interested in listening to the company’s conference call can do so using this link.
Manchester United (NYSE:MANU) last announced its quarterly earnings results on Thursday, November 15th. The company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.09) by $0.15. Manchester United had a positive return on equity of 3.43% and a negative net margin of 6.61%. The company had revenue of $175.92 million during the quarter, compared to the consensus estimate of $170.12 million. On average, analysts expect Manchester United to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Shares of Manchester United stock opened at $19.52 on Tuesday. Manchester United has a 1 year low of $16.91 and a 1 year high of $27.70. The stock has a market capitalization of $770.53 million, a price-to-earnings ratio of 139.50, a price-to-earnings-growth ratio of 5.60 and a beta of 0.59. The company has a quick ratio of 0.82, a current ratio of 0.83 and a debt-to-equity ratio of 1.14.
MANU has been the subject of several recent analyst reports. Zacks Investment Research upgraded Manchester United from a “strong sell” rating to a “hold” rating in a report on Saturday, November 17th. Jefferies Financial Group restated a “buy” rating and issued a $26.00 price target on shares of Manchester United in a report on Monday, December 17th. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average price target of $23.25.
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About Manchester United
Manchester United plc, together with its subsidiaries, owns and operates a professional sports team in the United Kingdom. The company operates Manchester United Football Club, a professional football club. It develops marketing and sponsorship relationships with international and regional companies to leverage its brand.
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