Manchester United (NYSE:MANU) Posts Quarterly Earnings Results, Beats Expectations By $0.02 EPS

Key Points

• Manchester United reported an EPS of ($0.04) for the quarter, surpassing the consensus estimate of ($0.06) by $0.02.
• The company's stock opened at $16.42, with a market capitalization of $2.78 billion and a debt-to-equity ratio of 2.54.
• Several institutional investors increased their holdings in Manchester United, with Marshall Wace LLP growing its position by 48.9% during the second quarter.

Manchester United (NYSE:MANU - Get Free Report) posted its earnings results on Wednesday. The company reported ($0.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.02, Zacks reports. Manchester United had a negative net margin of 4.92% and a negative return on equity of 9.58%. The business had revenue of $219.20 million for the quarter, compared to analyst estimates of $166.63 million. Manchester United updated its FY 2026 guidance to EPS.

Manchester United Stock Down 0.6%

NYSE:MANU traded down $0.09 during midday trading on Friday, hitting $15.23. 465,119 shares of the company were exchanged, compared to its average volume of 385,162. The company has a fifty day simple moving average of $17.16 and a 200 day simple moving average of $15.63. Manchester United has a fifty-two week low of $12.05 and a fifty-two week high of $19.65. The company has a current ratio of 0.38, a quick ratio of 0.37 and a debt-to-equity ratio of 2.44. The company has a market capitalization of $2.58 billion, a PE ratio of -60.92 and a beta of 0.69.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Raymond James Financial Inc. acquired a new position in Manchester United in the second quarter valued at $29,000. Quantbot Technologies LP boosted its holdings in shares of Manchester United by 105.3% in the second quarter. Quantbot Technologies LP now owns 6,380 shares of the company's stock valued at $114,000 after acquiring an additional 3,273 shares in the last quarter. Orion Porfolio Solutions LLC purchased a new stake in shares of Manchester United in the second quarter valued at about $179,000. Jump Financial LLC purchased a new stake in shares of Manchester United in the second quarter valued at about $264,000. Finally, Jane Street Group LLC boosted its holdings in shares of Manchester United by 156.3% in the first quarter. Jane Street Group LLC now owns 28,558 shares of the company's stock valued at $374,000 after acquiring an additional 79,290 shares in the last quarter. 23.34% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

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. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, Manchester United presently has a consensus rating of "Buy" and a consensus price target of $23.00.

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.