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MarineMax (HZO) to Report Q3 Earnings: Factors to Consider

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MarineMax, Inc. (HZO - Free Report) is likely to register an increase in the top line when it reports third-quarter fiscal 2022 numbers on Jul 28, before the market opens. The Zacks Consensus Estimate for revenues is pegged at $766.1 million, indicating an improvement of 15% from the prior-year reported figure.

The bottom line of this world’s largest recreational boat and yacht retailer is expected to increase year over year. The Zacks Consensus Estimate for earnings per share for the quarter under review has risen by a penny over the past 30 days to $3.08. The figure suggests an increase of 18.9% from the year-ago period.

This Clearwater, FL-based company has a trailing four-quarter earnings surprise of 32.8%, on average. In the last reported quarter, the company’s bottom line surpassed the Zacks Consensus Estimate by a significant margin of 39.4%.

Factors to Note

MarineMax’s significant geographic reach, product diversification and stellar demand are likely to get reflected in the to-be-reported quarter’s top line. We note that the company has mainly been benefiting as consumers embrace and enjoy the boating lifestyle. The company’s digitization endeavors have been helping it better engage with customers.

The company’s investments in high-margin businesses such as finance, insurance, brokerage, marina and service operations bode well. Impressively, its strategic acquisitions have been playing a major role in driving the top line.

While the aforementioned factors raise optimism, we cannot ignore the ongoing supply chain issues and rising SG&A expenses. Industry experts cautioned that persistent supply chain issues might cause delivery delays.

MarineMax, Inc. Price, Consensus and EPS Surprise

MarineMax, Inc. Price, Consensus and EPS Surprise

MarineMax, Inc. price-consensus-eps-surprise-chart | MarineMax, Inc. Quote

What the Zacks Model Unveils

Our proven model does not conclusively predict an earnings beat for MarineMax this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can see the complete list of today’s Zacks #1 Rank stocks here.

MarineMax has an Earnings ESP of -0.73% and a Zacks Rank #3. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.

Stocks With Favorable Combination

Here are three companies you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat:

Caleres (CAL - Free Report) currently has an Earnings ESP of +0.25% and a Zacks Rank #1. The company is likely to register bottom-line improvement when it reports second-quarter fiscal 2022 numbers. The Zacks Consensus Estimate for quarterly earnings per share of $1.32 suggests an improvement from $1.19 reported in the year-ago quarter.

Caleres' top line is expected to rise year over year. The Zacks Consensus Estimate for quarterly revenues is pegged at $736.1 million, which indicates an improvement of 9% from the figure reported in the prior-year quarter. CAL has a trailing four-quarter earnings surprise of 62.9%, on average.

Ulta Beauty (ULTA - Free Report) currently has an Earnings ESP of +2.46% and a Zacks Rank #1. The company is likely to register bottom-line improvement when it reports second-quarter fiscal 2022 numbers. The Zacks Consensus Estimate for quarterly earnings per share of $4.78 suggests an improvement of 4.8% from the year-ago quarter.

Ulta Beauty's top line is expected to rise year over year. The Zacks Consensus Estimate for quarterly revenues stands at $2.18 billion, which indicates an improvement of 10.8% from the figure reported in the prior-year quarter. ULTA has a trailing four-quarter earnings surprise of 49.8%, on average.

Crocs (CROX - Free Report) currently has an Earnings ESP of +0.30% and a Zacks Rank #3. The company is likely to register bottom-line improvement when it reports second-quarter 2022 numbers. The Zacks Consensus Estimate for quarterly earnings per share of $2.73 suggests an improvement of 22.4% from the year-ago quarter.

Crocs' top line is expected to rise year over year. The Zacks Consensus Estimate for quarterly revenues is pegged at $950.9 million, which indicates an improvement of 48.4% from the figure reported in the prior-year quarter. CROX has a trailing four-quarter earnings surprise of 26.5%, on average.

Stay on top of upcoming earnings announcements with the Zacks Earnings Calendar.


In-Depth Zacks Research for the Tickers Above


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Ulta Beauty Inc. (ULTA) - free report >>

Crocs, Inc. (CROX) - free report >>

MarineMax, Inc. (HZO) - free report >>

Caleres, Inc. (CAL) - free report >>

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