Manchester United (MANU) Expected to Announce Quarterly Earnings on Tuesday

Manchester United (NYSE:MANU - Get Free Report) is expected to be issuing its quarterly earnings data before the market opens on Tuesday, March 11th. Analysts expect the company to announce earnings of ($0.07) per share and revenue of $163.32 million for the quarter. Manchester United has set its FY 2025 guidance at EPS.

Manchester United (NYSE:MANU - Get Free Report) last posted its earnings results on Wednesday, February 19th. The company reported ($0.05) earnings per share for the quarter, beating the consensus estimate of ($0.07) by $0.02. The company had revenue of $254.62 million during the quarter, compared to analysts' expectations of $248.15 million. Manchester United had a negative net margin of 21.46% and a negative return on equity of 44.76%. On average, analysts expect Manchester United to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Manchester United Price Performance

MANU stock traded down $0.07 during mid-day trading on Friday, hitting $13.92. The company had a trading volume of 316,288 shares, compared to its average volume of 349,486. The company has a 50-day moving average price of $15.85 and a 200 day moving average price of $16.48. Manchester United has a 12-month low of $13.50 and a 12-month high of $18.42. The company has a market capitalization of $2.36 billion, a price-to-earnings ratio of -13.65 and a beta of 0.66. The company has a quick ratio of 0.35, a current ratio of 0.41 and a debt-to-equity ratio of 2.62.

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Analyst Upgrades and Downgrades

Several research firms have weighed in on MANU. StockNews.com upgraded Manchester United to a "sell" rating in a report on Tuesday, January 21st. UBS Group began coverage on Manchester United in a report on Tuesday, December 17th. They set a "buy" rating and a $23.00 price target on the stock.

About Manchester United

Manchester United plc, together with its subsidiaries, owns and operates a professional sports team in the United Kingdom. It operates Manchester United Football Club, a professional football club. The company develops marketing and sponsorship relationships with international and regional companies to leverage its brand.