Manchester United (NYSE:MANU) Shares Gap Down After Earnings Miss

Shares of Manchester United Ltd. (NYSE:MANU) gapped down prior to trading on Wednesday after the company announced weaker than expected quarterly earnings. The stock had previously closed at $20.51, but opened at $19.35. Manchester United shares last traded at $19.9230, with a volume of 67,329 shares trading hands.

The company reported ($0.22) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by ($0.30). The business had revenue of $208.66 million during the quarter, compared to analyst estimates of $192.23 million. Manchester United had a negative net margin of 2.67% and a positive return on equity of 0.64%.

More Manchester United News

Here are the key news stories impacting Manchester United this week:

• Positive Sentiment: Record annual performance: Fiscal 2026 revenue reached £677.6 million and adjusted EBITDA totaled £216.4 million, exceeding analyst estimates. The club also returned to an operating profit of £22.6 million, compared with an £18.4 million loss the prior year. Manchester United records revenue despite Champions League absence
• Positive Sentiment: Champions League benefit: Management expects higher fiscal 2027 revenue after Manchester United’s return to Europe’s top club competition, which should support broadcasting, matchday and commercial income. The club also secured land for a potential new stadium, a long-term growth catalyst. Manchester United expects higher fiscal 2027 revenue on Champions League boost
• Positive Sentiment: Quarterly results beat expectations: Adjusted quarterly EPS was a loss of $0.22, better than the $0.40 loss analysts expected, while revenue of $208.66 million exceeded the $192.23 million consensus forecast. Manchester United earnings release
• Neutral Sentiment: Valuation support: A broader increase in professional sports franchise valuations could benefit MANU’s perceived asset value, although the investment case remains sensitive to operating performance and ownership-related developments. Manchester United: Ride The Sports Franchise Valuation Wave Up
• Negative Sentiment: Losses remain the key concern: Fiscal fourth-quarter adjusted losses widened to approximately £28.7 million, and quarterly revenue declined despite the record full-year results. Manchester United remains unprofitable, which initially pressured the stock after the earnings release. Manchester United’s Fiscal Q4 Adjusted Loss Widens as Total Revenue Falls

Analyst Ratings Changes

MANU has been the topic of several recent analyst reports. Wall Street Zen raised Manchester United from a “sell” rating to a “hold” rating in a research report on Sunday, May 31st. Weiss Ratings reissued a “sell (d-)” rating on shares of Manchester United in a research report on Friday, September 11th. One investment analyst has rated the stock with a Sell rating, According to MarketBeat, Manchester United has an average rating of “Sell”.

Institutional Investors Weigh In On Manchester United

A number of institutional investors have recently added to or reduced their stakes in the company. Breach Inlet Capital Management LLC raised its holdings in Manchester United by 3.5% in the 4th quarter. Breach Inlet Capital Management LLC now owns 1,223,216 shares of the company’s stock valued at $19,474,000 after acquiring an additional 41,933 shares in the last quarter. Gamco Investors INC. ET AL grew its holdings in shares of Manchester United by 110.9% during the 1st quarter. Gamco Investors INC. ET AL now owns 1,104,738 shares of the company’s stock worth $18,582,000 after purchasing an additional 580,887 shares in the last quarter. Janus Henderson Group PLC grew its holdings in shares of Manchester United by 13.7% during the 1st quarter. Janus Henderson Group PLC now owns 645,790 shares of the company’s stock worth $10,862,000 after purchasing an additional 77,804 shares in the last quarter. Gabelli Funds LLC increased its position in shares of Manchester United by 26.2% during the first quarter. Gabelli Funds LLC now owns 619,318 shares of the company’s stock valued at $10,417,000 after purchasing an additional 128,655 shares during the period. Finally, CI Investments Inc. increased its position in shares of Manchester United by 5.7% during the first quarter. CI Investments Inc. now owns 420,282 shares of the company’s stock valued at $7,069,000 after purchasing an additional 22,554 shares during the period. 23.34% of the stock is owned by institutional investors and hedge funds.

Manchester United Stock Up 2.3%

The business has a 50 day moving average of $22.00 and a 200 day moving average of $20.43. The company has a debt-to-equity ratio of 2.73, a current ratio of 0.37 and a quick ratio of 0.35. The firm has a market capitalization of $3.62 billion, a price-to-earnings ratio of -63.54 and a beta of 0.58.

Manchester United Company Profile

Manchester United plc (NYSE:MANU) is a professional sports and entertainment company centered on Manchester United Football Club, one of England’s most prominent soccer clubs. The club operates men’s and women’s first teams, a youth academy, and related football development programs. Its teams compete primarily in English and European competitions, with home matches played at Old Trafford in Manchester, England.

The company generates revenue through matchday activities, global broadcasting and media rights, commercial partnerships and sponsorships, retail merchandise, licensing, hospitality, and other club-related services.