Manchester United (MANU) Reports Q2 Loss, Tops Revenue Estimates

Core Viewpoint - Manchester United reported a quarterly loss of $0.05 per share, which was better than the Zacks Consensus Estimate of a loss of $0.07, indicating an earnings surprise of 28.57% [1][2] Financial Performance - The company posted revenues of $254.62 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 2.61%, but down from $280.37 million in the same quarter last year [2] - Over the last four quarters, Manchester United has exceeded consensus EPS estimates three times [2] Stock Performance - Shares of Manchester United have declined approximately 9.6% since the beginning of the year, contrasting with a 4% gain in the S&P 500 [3] - The stock currently holds a Zacks Rank 2 (Buy), suggesting it is expected to outperform the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.22 on revenues of $199.24 million, and for the current fiscal year, it is -$0.54 on revenues of $837.88 million [7] - The trend of estimate revisions for Manchester United is currently favorable, which could influence future stock movements [6][5] Industry Context - The Leisure and Recreation Services industry, to which Manchester United belongs, is ranked in the top 18% of over 250 Zacks industries, indicating a positive outlook for the sector [8]