Revenue Update on MarineMax Inc(NYSE:HZO)

MarineMax Inc(NYSE:HZO) announced the earnings results for Fiscal Year 2016 and Q3. The results came in during Pre-market on Jul 26, 2016. Company reported revenue of $345.59M. Analysts estimated a revenue of $268.34M. Earnings per share were $0.57. Analysts had estimated an EPS of $0.44.

MarineMax Inc (HZO) made into the market gainers list on Fridays trading session with the shares advancing 1.30% or 0.26 points. Due to strong positive momentum, the stock ended at $20.2, which is also near the day’s high of $20.42. The stock began the session at $19.95 and the volume stood at 5,93,535 shares. The 52-week high of the shares is $22.03 and the 52 week low is $13.56. The company has a current market capitalization of $519 M and it has 2,57,03,435 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Apr 28, 2016, Paulee C Day (EVP & Chief Legal Officer) sold 1,515 shares at $20.11 per share price.Also, On Apr 28, 2016, Michael H Mclamb (Executive VP, CFO and Sec) sold 2,463 shares at $20.11 per share price.On Apr 28, 2016, W Brett Mcgill (EVP Operations) sold 2,463 shares at $20.11 per share price, according to the Form-4 filing with the securities and exchange commission.

MarineMax Inc. is a recreational boat dealer in the United States. Through 54 retail locations in Alabama Arizona California Colorado Connecticut Florida Georgia Kansas Maryland Minnesota Missouri New Jersey New York North Carolina Ohio Oklahoma Rhode Island Tennessee and Texas the Company sells new and used recreational boats including pleasure and fishing boats. The Company also provides repair maintenance and slip and storage services; arrange related boat financing insurance and extended service contracts; offers boat and yacht brokerage services and operates a yacht charter business. It is also retailer of Sea Ray Boston Whaler Bayliner Cabo Hatteras and Meridian recreational boats and yachts all of which are manufactured by Brunswick Corporation (Brunswick).

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