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MarineMax: Fiscal 3Q Earnings Snapshot

July 25, 2019

CLEARWATER, Fla. (AP) _ MarineMax Inc. (HZO) on Thursday reported fiscal third-quarter net income of $19.1 million.

The Clearwater, Florida-based company said it had profit of 84 cents per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 77 cents per share.

The recreational boat dealer posted revenue of $383.5 million in the period, which did not meet Street forecasts. Six analysts surveyed by Zacks expected $393 million.

MarineMax shares have dropped 16% since the beginning of the year. The stock has fallen 25% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HZO at https://www.zacks.com/ap/HZO

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