Manchester United (NYSE:MANU) Releases Quarterly Earnings Results, Beats Estimates By $0.29 EPS

Manchester United (NYSE:MANU) posted its quarterly earnings results on Friday. The company reported ($0.04) earnings per share for the quarter, topping the consensus estimate of ($0.33) by $0.29, Zacks reports. Manchester United had a negative net margin of 21.46% and a negative return on equity of 44.76%. The firm had revenue of $203.10 million for the quarter, compared to the consensus estimate of $159.13 million. During the same period last year, the firm posted ($0.24) earnings per share. Manchester United updated its FY 2025 guidance to EPS.

Manchester United Stock Up 19.1%

Shares of Manchester United stock opened at $16.45 on Friday. Manchester United has a 52-week low of $12.05 and a 52-week high of $18.42. The company has a 50 day moving average of $13.86 and a 200 day moving average of $15.14. The company has a quick ratio of 0.35, a current ratio of 0.41 and a debt-to-equity ratio of 2.62. The company has a market capitalization of $2.79 billion, a P/E ratio of -16.13 and a beta of 0.59.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen upgraded shares of Manchester United from a “sell” rating to a “hold” rating in a research report on Saturday, May 31st.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Manchester United stock. Jane Street Group LLC boosted its stake in Manchester United plc (NYSE:MANU) by 156.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 28,558 shares of the company’s stock after acquiring an additional 79,290 shares during the period. Jane Street Group LLC’s holdings in Manchester United were worth $374,000 as of its most recent SEC filing. 23.34% of the stock is currently owned by institutional investors and hedge funds.

Manchester United Company Profile

Manchester United plc, together with its subsidiaries, owns and operates a professional sports team in the United Kingdom. It operates Manchester United Football Club, a professional football club. The company develops marketing and sponsorship relationships with international and regional companies to leverage its brand.