MarineMax Sees FY17 Earnings Below View - Quick Facts

(RTTNews) - While reporting its fourth quarter financial results today, recreational boat and yacht retailer MarineMax Inc. (HZO) provided earnings outlook for fiscal 2017.

Based on current business conditions, retail trends and other factors, the company currently expects fully taxed earnings per share in a range of $1.04 to $1.14 for fiscal 2017. This compares to adjusted earnings per share of $0.87 in fiscal 2016 and $0.47 in fiscal 2015.

On average, eight analysts polled by Thomson Reuters expected earnings of $1.28 per share for the year. Analysts' estimates typically exclude special items.