Soho House Q2 EPS $(0.01) Beats $(0.12) Estimate, Sales $288.92M Beat $285.18M Estimate
Portfolio Pulse from Benzinga Newsdesk
Soho House (NYSE:SHCO) reported Q2 earnings per share (EPS) of $(0.01), beating the analyst consensus estimate of $(0.12) by 91.67%. This is a 97.56% increase over losses from the same period last year. The company also reported quarterly sales of $288.92 million, beating the analyst consensus estimate of $285.18 million by 1.31%, a 18.52% increase from last year.
August 11, 2023 | 11:32 am
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POSITIVE IMPACT
Soho House reported better than expected Q2 earnings and sales, indicating a strong financial performance.
Soho House's Q2 earnings and sales beat estimates, which is a positive signal for investors. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100