Manchester United Presses On Despite Missed Revenue Estimates
September 23, 2022
Trending News ☀️
Manchester United Stock Intrinsic Value – Manchester United($NYSE:MANU) has issued a press release detailing their fourth quarter results. Non-GAAP EPS came in at -£0.1238, beating estimates by £0.0562. Despite this, the company is pressing on with their plans for the future.
Earnings
In the report for FY2022 Q3, the team earned 558.8M GBP in total revenue, but lost 152.3M GBP in net income. Compared to the previous year, this is a 13.1% increase in total revenue. Over the last three years, Manchester United’s total revenue has reached from 509.0M GBP to 558.8M GBP. The team will continue to press on in order to bring in more revenue and achieve its goals.
Market Price
At the time of writing, the overall media sentiment towards Manchester United stock is positive. On Thursday, the stock opened at $13.40 and closed at $13.60, up 1.1% from the previous closing price of $13.50. This indicates that investors are confident in the company’s future prospects.
VI Analysis – Manchester United Stock Intrinsic Value
A company’s fundamentals reflect its long-term potential. The following analysis on Manchester United is made simple by the VI app. The fair value of Manchester United shares is around $16.5, calculated by VI Line. Now Manchester United stock is traded at $13.6, a fair price that is undervalued by 18%.
Summary
At the time of writing, media sentiment is mostly positive. This indicates that investors believe in the long-term prospects of the club. Manchester United is one of the most popular and successful sports teams in the world. The club has a large fan base, which generates significant revenue.
In addition, the club has a strong commercial presence, with numerous sponsorships and partnerships. Investing in Manchester United can be a wise decision, as the club is likely to continue to be successful in the future. The club has a strong financial position, and its popularity means that it is likely to generate significant revenue in the future.
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