Manchester United MANU is preparing to release its quarterly earnings on Tuesday, 2024-11-26. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Manchester United to report an earnings per share (EPS) of $-0.28.
The market awaits Manchester United's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Earnings History Snapshot
Last quarter the company missed EPS by $0.03, which was followed by a 0.83% increase in the share price the next day.
Here's a look at Manchester United's past performance and the resulting price change:
| Quarter | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
|---|---|---|---|---|---|
| EPS Estimate | -0.17 | -0.27 | -0.22 | -0.060 | -0.06 |
| EPS Actual | -0.20 | -0.31 | 0.15 | -0.067 | -0.08 |
| Price Change % | 1.0% | 0.0% | 2.0% | 1.0% | -0.0% |
Performance of Manchester United Shares
Shares of Manchester United were trading at $17.5 as of November 22. Over the last 52-week period, shares are down 10.38%. Given that these returns are generally negative, long-term shareholders are likely upset going into this earnings release.
To track all earnings releases for Manchester United visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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