The One Group Hospitality Q1 2024 Adj EPS $(0.02) Misses $0.03 Estimate, Sales $84.995M Miss $87.594M Estimate
Portfolio Pulse from Benzinga Newsdesk
The One Group Hospitality (STKS) reported Q1 2024 adjusted EPS of $(0.02), missing the $0.03 estimate, and sales of $84.995M, missing the $87.594M estimate. This represents a 120% decrease in EPS and a 2.95% increase in sales from the same period last year.
May 07, 2024 | 9:23 pm
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NEGATIVE IMPACT
The One Group Hospitality reported a significant miss in Q1 2024 earnings and slight miss in sales compared to analyst estimates.
Missing both EPS and sales estimates significantly, especially with a 120% decrease in EPS from the previous year, is likely to negatively impact investor sentiment and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100