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Manchester United's Q3 Adjusted Loss Widens, Revenue Falls
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Manchester United's Q3 Adjusted Loss Widens, Revenue Falls
Jul 10, 2024 5:32 AM

08:00 AM EDT, 07/10/2024 (MT Newswires) -- Manchester United ( MANU ) reported a Q3 adjusted loss Wednesday of 24.47 pence per diluted share ($0.31), wider than a loss of 7.41 pence a year earlier.

Analysts polled by Capital IQ expected a loss of 19 pence per share.

Revenue for the quarter ended March 31 was 136.7 million pounds ($175.1 million), down from 170.0 million pounds a year earlier.

Analysts surveyed by Capital IQ expected 128 million pounds.

The company now expects 2024 revenue at about 660 million pounds, in line with the previous forecast of 635 million pounds to 665 million pounds. Three analysts polled by Capital IQ expect 652.3 million pounds.

Price: 15.78, Change: -0.16, Percent Change: -1.00

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