Earnings Anticipation for Soho House on March 14, 2024
Get ready for the latest quarterly earnings report from Soho House (NYSE: SHCO) set to be unveiled on Friday, March 15, 2024. Analysts are predicting an earnings per share (EPS) of $-0.07 for the company.
Looking back at past performance, Soho House fell short of EPS expectations by $0.12 in the previous quarter, leading to a 0.0% decrease in share price the next day. Here’s a summary of Soho House’s historical performance and the resulting price fluctuations:
Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022
EPS Estimate | -0.10 | -0.12 | -0.17 | -0.22
EPS Actual | -0.22 | -0.01 | -0.08 | 0.07
Price Change % | -21.0% | 15.0% | -7.0% | -13.0%
With Soho House’s shares trading at $5.95 as of March 13, reflecting a 9.8% drop over the past year, long-term investors may have concerns leading up to the upcoming earnings release.
Investors are advised to closely monitor Soho House’s earnings report to evaluate its performance compared to analyst forecasts and any future growth guidance provided.
For more comprehensive details on Soho House’s financial outcomes and performance, investors can access the company’s official announcements and financial reports.
SHCO Stock Sees Slight Decrease of 0.50% on March 14, 2024
On March 14, 2024, SHCO stock saw a slight decrease in its price, with shares dropping by $0.03 since the market last closed. This represents a 0.50% decrease in value for the company. The stock opened at $5.95, which was in line with its previous closing price.
SHCO Stock Performance Analysis: Positive Revenue Growth but Declining Net Income and EPS in Latest Quarter
On March 14, 2024, SHCO stock showed mixed performances based on the latest financial data provided by CNN Money. The company reported a total revenue of $972.21 million for the past year, which represented a significant increase of 73.44% compared to the previous year. In the latest quarter, SHCO generated $300.96 million in total revenue, marking a 4.17% increase from the previous quarter.
Despite the positive revenue growth, SHCO reported a net income of -$220.58 million for the past year, indicating a loss. However, this figure represented a 16.89% improvement compared to the previous year. In the latest quarter, the company’s net income worsened significantly, with a reported loss of -$42.36 million, marking a 1502.19% decrease from the previous quarter.
Earnings per share (EPS) also showed mixed results for SHCO stock. The company reported an EPS of -$1.10 for the past year, which was a 15.83% improvement from the previous year. However, in the latest quarter, the EPS dropped to -$0.22, representing a 1500.0% decrease from the previous quarter.
Overall, the financial performance of SHCO stock on March 14, 2024, was a mix of positive revenue growth and improved net income compared to the previous year, but a significant decline in net income and EPS in the latest quarter. Investors should carefully analyze these financial metrics and consider the company’s future prospects before making any investment decisions related to SHCO stock.
