Majestic Wine PLC (WINE) Releases Quarterly Earnings Results, Beats Estimates By $0.80 EPS

Majestic Wine PLC (LON:WINE) announced its quarterly earnings data on Thursday. The company reported GBX 7.90 ($0.10) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of GBX 7.10 ($0.09) by GBX 0.80 ($0.01), Bloomberg Earnings reports. The firm had revenue of GBX 2,173.60 billion during the quarter. Majestic Wine PLC had a net margin of 0.50% and a return on equity of 2.22%.

Shares of Majestic Wine PLC (LON WINE) opened at GBX 412.75 ($5.43) on Thursday. Majestic Wine PLC has a one year low of GBX 280 ($3.68) and a one year high of GBX 400.75 ($5.27).

TRADEMARK VIOLATION NOTICE: “Majestic Wine PLC (WINE) Releases Quarterly Earnings Results, Beats Estimates By $0.80 EPS” was originally posted by Sports Perspectives and is owned by of Sports Perspectives. If you are accessing this piece of content on another site, it was copied illegally and republished in violation of United States & international copyright laws. The legal version of this piece of content can be read at

In other news, insider James Crawford acquired 3,500 shares of the company’s stock in a transaction dated Thursday, September 14th. The shares were acquired at an average price of GBX 314 ($4.13) per share, with a total value of £10,990 ($14,454.82).

A number of equities analysts have issued reports on WINE shares. Shore Capital reissued a “hold” rating on shares of Majestic Wine PLC in a research report on Thursday. Liberum Capital reissued a “buy” rating and set a GBX 500 ($6.58) price target on shares of Majestic Wine PLC in a research report on Thursday. Finally, Peel Hunt raised shares of Majestic Wine PLC to a “buy” rating and raised their price target for the stock from GBX 380 ($5.00) to GBX 450 ($5.92) in a research report on Thursday. One analyst has rated the stock with a sell rating, two have given a hold rating and three have issued a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average price target of GBX 405.20 ($5.33).

About Majestic Wine PLC

Majestic Wine plc is a wine retailer. The Company acts as a holding company for its subsidiaries. The Company is engaged in the retailing of wines, beers and spirits. The Company operates through four segments: Retail, Commercial, Naked Wines and Lay & Wheeler. The Retail segment is a customer based wine retailer, selling wine, beer and spirits from stores across the United Kingdom, and online, and also incorporates the Company’s French business.

Receive News & Ratings for Majestic Wine PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Majestic Wine PLC and related companies with's FREE daily email newsletter.

Latest News

Leave a Reply