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Manchester United: Fiscal 1Q Earnings Snapshot

Manchester United: Fiscal 1Q Earnings Snapshot

MANCHESTER, Britain (AP) _ Manchester United PLC (MANU) on Thursday reported fiscal first-quarter profit of $8.7 million.

On a per-share basis, the Manchester, Britain-based company said it had net income of 5 cents. Earnings, adjusted for non-recurring costs, were 6 cents per share.

The soccer club posted revenue of $175.9 million in the period.

Manchester United expects full-year revenue in the range of $801.2 million to $820.8 million.

Manchester United shares have climbed 10 percent since the beginning of the year. The stock has increased 14 percent in the last 12 months.

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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 MANU at https://www.zacks.com/ap/MANU