Soho House Q4 EPS $(0.29) Misses $(0.07) Estimate, Sales $290.79M Miss $304.52M Estimate
Portfolio Pulse from Benzinga Newsdesk
Soho House (NYSE:SHCO) reported a significant miss in its Q4 earnings, with a loss of $(0.29) per share against an expected $(0.07), marking a 314.29% miss. Sales also fell short at $290.79M versus the expected $304.52M, a 4.51% miss, though it represents a 7.54% increase year-over-year.
March 15, 2024 | 12:15 pm
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Soho House reported a significant miss in Q4 earnings and sales, with EPS at $(0.29) vs. an expected $(0.07) and sales at $290.79M vs. $304.52M expected.
The significant miss in both earnings per share and sales compared to analyst expectations is likely to negatively impact investor sentiment towards SHCO in the short term. The magnitude of the miss in EPS, being over 300% off the estimate, and the sales miss, although smaller, could lead to a decrease in stock price as the market adjusts to the new information.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100