Group 1 - Manchester United (MANU) shares have increased by 19.7% in the past four weeks, closing at $16.99, with a mean price target of $21.97 indicating a potential upside of 29.3% [1][2] - The average price targets range from a low of $16.90 to a high of $26.00, with a standard deviation of $4.64, suggesting variability in analyst estimates [2][9] - Analysts have shown a strong consensus in revising earnings estimates higher, with the Zacks Consensus Estimate for the current year increasing by 79.9% over the past month [11][12] Group 2 - MANU holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates [13] - The correlation between earnings estimate revisions and near-term stock price movements supports the expectation of an upside in MANU [11][14] - While price targets may not be reliable indicators of actual stock price movements, they can provide a directional guide for potential price changes [10][14]

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Manchester United (MANU) - Manchester United currently holds a Momentum Style Score of B, indicating potential for solid momentum investing [2] - The company has a Zacks Rank of 1 (Strong Buy), suggesting strong performance expectations [3] Price Performance - Over the past week, MANU shares increased by 0.7%, while the Zacks Leisure and Recreation Services industry rose by 2.13% [5] - In a longer timeframe, MANU's monthly price change is 36.55%, significantly outperforming the industry's 2.82% [5] - Over the past quarter, MANU shares have increased by 46.87%, and by 19.35% over the last year, compared to the S&P 500's gains of 6.01% and 13.18%, respectively [6] Trading Volume - The average 20-day trading volume for MANU is 383,856 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - Recent earnings estimate revisions for MANU show one upward revision and no downward revisions, improving the consensus estimate from -$0.74 to -$0.38 over the past 60 days [9] - For the next fiscal year, there has been one upward estimate revision with no downward changes [9] Conclusion - Considering the positive price trends, trading volume, and earnings outlook, MANU is positioned as a 1 (Strong Buy) stock with a Momentum Score of B, making it a compelling option for near-term investment [11]

Group 1 - Amer Sports, Inc. (AS) has returned 34.8% year-to-date, outperforming the average gain of 8.2% in the Consumer Discretionary sector [4] - The Zacks Rank for Amer Sports, Inc. is 2 (Buy), indicating a positive earnings outlook with a 10.9% increase in the consensus estimate for full-year earnings over the past 90 days [3] - Amer Sports, Inc. is part of the Leisure and Recreation Products industry, which has gained an average of 15.2% this year, showing better performance compared to its industry peers [5] Group 2 - Manchester United (MANU) has also outperformed the Consumer Discretionary sector with a year-to-date return of 10.9% [4] - The consensus EPS estimate for Manchester United has increased by 48.6% over the past three months, and it holds a Zacks Rank of 1 (Strong Buy) [5] - The Leisure and Recreation Services industry, to which Manchester United belongs, is ranked 65 and has seen a modest gain of 0.2% this year [6]

Core Viewpoint - Manchester United (MANU) is highlighted as a strong investment opportunity due to its recent earnings beat and consistent performance in exceeding market expectations [1]. Company Overview - Manchester United PLC operates a professional sports team, managing the Manchester United Football Club and its associated activities, including media, foundation, fan engagement, and merchandise [2]. Earnings History - The company has achieved four consecutive earnings beats against the Zacks Consensus Estimate, with an average positive earnings surprise of 56% over the past year [4]. - The latest earnings report showed a loss of -$0.04, significantly better than the consensus estimate of -$0.33, resulting in a positive earnings surprise of 87.5% [4]. Earnings Estimates Revisions - Earnings estimates for Manchester United have been revised upward, with the full year 2025 estimate improving from -$0.74 to -$0.38 over the last 30 days [5]. - For 2026, estimates have also increased from -$0.82 to -$0.17 during the same period [5].

Core Viewpoint - Manchester United (MANU) has received an upgrade to a Zacks Rank 1 (Strong Buy), indicating a positive outlook based on rising earnings estimates, which are a significant factor influencing stock prices [1][3]. Earnings Estimates and Ratings - The Zacks rating system is solely based on a company's changing earnings picture, tracking the Zacks Consensus Estimate for EPS from sell-side analysts [2]. - The Zacks rating upgrade for Manchester United reflects an improvement in its earnings outlook, which is expected to positively impact its stock price [3][5]. Impact of Earnings Estimate Revisions - There is a strong correlation between changes in earnings estimates and near-term stock price movements, making the Zacks rating system valuable for investors [4][6]. - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. Specifics on Manchester United - For the fiscal year ending June 2025, Manchester United is expected to earn -$0.38 per share, unchanged from the previous year, but analysts have raised their estimates by 48.6% over the past three months [8]. - The upgrade to Zacks Rank 1 places Manchester United in the top 5% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].

Group 1 - Manchester United (MANU) closed at $17.01, with an 18% gain over the past four weeks, and a mean price target of $21.97 suggests a 29.2% upside potential [1] - The mean estimate includes three short-term price targets with a standard deviation of $4.64, indicating variability among analysts; the lowest estimate is $16.90 (0.7% decline), while the highest is $26 (52.9% increase) [2] - Analysts show strong agreement in revising earnings estimates higher, with a 48.7% increase in the Zacks Consensus Estimate for the current year, indicating potential upside for the stock [12][11] Group 2 - The Zacks Rank for MANU is 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates, suggesting a strong potential for near-term upside [13] - While price targets are often viewed as a metric for investment decisions, they can mislead investors; analysts may set overly optimistic targets due to business incentives [7][8] - A low standard deviation in price targets indicates a high degree of agreement among analysts regarding the stock's price movement, which can serve as a starting point for further research [9]

M a n c h e s t e r U n i t e d p l c I n t e r i m r e p o r t ( u n a u d i t e d ) fo r t h e t h r e e a n d n i n e m o n t h s e n d e d 3 1 M a r c h 2 0 2 5 E x h i b i t 9 9 . 1 Contents | Management's discussion and analysis of financial condition and results of operations | 2 | | --- | --- | | Interim consolidated statement of profit or loss for the three and nine months ended 31 March 2025 and 2024 - unaudited | 13 | | Interim consolidated statement of comprehensive income/(loss) for the three a ...

Financial Performance - Manchester United reported a quarterly loss of $0.04 per share, significantly better than the Zacks Consensus Estimate of a loss of $0.33, and an improvement from a loss of $0.31 per share a year ago, resulting in an earnings surprise of 87.88% [1] - The company posted revenues of $202.17 million for the quarter ended March 2025, slightly missing the Zacks Consensus Estimate by 0.15%, but showing an increase from year-ago revenues of $173.36 million [2] - Over the last four quarters, Manchester United has surpassed consensus EPS estimates four times, but has only topped consensus revenue estimates once [2] Stock Performance and Outlook - Manchester United shares have declined approximately 20.4% since the beginning of the year, contrasting with the S&P 500's gain of 1% [3] - The company's future stock performance will largely depend on management's commentary during the earnings call and the earnings outlook [4][6] - The current consensus EPS estimate for the upcoming quarter is -$0.25 on revenues of $210.02 million, and for the current fiscal year, it is -$0.74 on revenues of $842.59 million [7] Industry Context - The Leisure and Recreation Services industry, to which Manchester United belongs, is currently ranked in the top 38% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8] - Empirical research suggests a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Table of Contents Exhibit 99.1 Manchester United plc Interim report (unaudited) for the three and six months ended 31 December 2024 Table of Contents Contents | Management's discussion and analysis of financial condition and results of operations | 2 | | --- | --- | | Interim consolidated statement of profit or (loss) for the three and six months ended 31 December 2024 and | | | 2023 | 12 | | Interim consolidated statement of comprehensive income/(loss) for the three and six months ended 31 | | | December 2 ...

CORPORATE RELEASE 26 November 2024 Manchester United PLC Reports First Quarter Fiscal 2025 Results Key Points MANCHESTER, England – 26 November 2024 – Manchester United (NYSE: MANU; the "Company" and the "Group") today announced financial results for the 2025 fiscal first quarter ended 30 September 2024. Management Commentary Omar Berrada, Chief Executive Officer, commented, "The season is now well underway for both our men's and women's team, and we are keen to ensure both are as competitive as possible. W ...