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OneWater Marine: Fiscal Q2 Earnings Snapshot

May 5, 2022 GMT

BUFORD, Ga. (AP) _ OneWater Marine Inc. (ONEW) on Thursday reported fiscal second-quarter net income of $36.3 million.

On a per-share basis, the Buford, Georgia-based company said it had net income of $2.54.

The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.09 per share.

The company posted revenue of $442.1 million in the period, which also beat Street forecasts. Four analysts surveyed by Zacks expected $409.3 million.

OneWater Marine expects full-year earnings to be $8.60 to $9 per share.

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