CLEARWATER, Fla. (AP) — CLEARWATER, Fla. (AP) — MarineMax Inc. (HZO) on Thursday reported fiscal second-quarter earnings of $30 million.
The Clearwater, Florida-based company said it had net income of $1.35 per share. Earnings, adjusted for non-recurring gains, were $1.23 per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.75 per share.
The recreational boat dealer posted revenue of $570.3 million in the period, which also fell short of Street forecasts. Four analysts surveyed by Zacks expected $607.2 million.
MarineMax expects full-year earnings in the range of $4.90 to $5.50 per share.
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