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

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

Manchester United Trading Up 19.1%

MANU opened at $16.45 on Friday. Manchester United has a 12 month low of $12.05 and a 12 month high of $18.42. The stock has a market capitalization of $2.79 billion, a price-to-earnings ratio of -16.13 and a beta of 0.59. The company has a debt-to-equity ratio of 2.62, a current ratio of 0.41 and a quick ratio of 0.35. The business has a fifty day moving average price of $13.86 and a 200 day moving average price of $15.13.

Institutional Trading of Manchester United

An institutional investor recently raised its position in Manchester United stock. Royal Bank of Canada increased its position in Manchester United plc (NYSE:MANU) by 65.0% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 77,687 shares of the company’s stock after purchasing an additional 30,604 shares during the period. Royal Bank of Canada’s holdings in Manchester United were worth $1,017,000 at the end of the most recent quarter. 23.34% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, Wall Street Zen raised Manchester United from a “sell” rating to a “hold” rating in a research note on Saturday, May 31st.

About Manchester United

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.