AP NEWS
Related topics

Manchester United: Fiscal 1Q Earnings Snapshot

November 18, 2019

MANCHESTER, Britain (AP) _ Manchester United PLC (MANU) on Monday reported fiscal first-quarter net income of $1.4 million, after reporting a loss in the same period a year earlier.

The Manchester, Britain-based company said it had profit of 1 cent per share. Earnings, adjusted for one-time gains and costs, were 3 cents per share.

The soccer club posted revenue of $166.9 million in the period.

Manchester United shares have decreased 14% since the beginning of the year. The stock has dropped 22% in the last 12 months.

_____

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