Soho House Q1 EPS $(0.24), Inline, Sales $263.15M Beat $262.58M Estimate
Portfolio Pulse from Benzinga Newsdesk
Soho House (NYSE:SHCO) reported Q1 EPS of $(0.24), meeting analyst estimates, with a 200% increase in losses from the previous year. Sales reached $263.15M, slightly above estimates and marking a 3.11% year-over-year increase.
May 10, 2024 | 11:33 am
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Soho House reported a significant increase in losses but slightly exceeded sales estimates, indicating mixed financial health.
Meeting EPS estimates while showing a significant increase in losses could concern investors, but the slight beat on sales estimates and year-over-year sales growth may offset negative sentiment. The mixed results present a neutral short-term outlook.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100