BUFORD, Ga. (AP) — BUFORD, Ga. (AP) — OneWater Marine Inc. (ONEW) on Thursday reported a loss of $4 million in its fiscal second quarter.
The Buford, Georgia-based company said it had a loss of 27 cents per share. Earnings, adjusted for non-recurring costs, were 67 cents per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 72 cents per share.
The company posted revenue of $488.3 million in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $500.9 million.
OneWater Marine expects full-year earnings in the range of $3.25 to $3.75 per share.
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