Soho House Q2 2024 GAAP EPS $(0.17) Misses $(0.11) Estimate, Sales $305.146M Beat $302.870M Estimate
Portfolio Pulse from Benzinga Newsdesk
Soho House (NYSE:SHCO) reported Q2 2024 GAAP EPS of $(0.17), missing the $(0.11) estimate by 54.55%. However, sales of $305.146M beat the $302.870M estimate by 0.75%, marking a 5.61% increase from the same period last year.
August 09, 2024 | 11:31 am
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Soho House reported a Q2 2024 GAAP EPS of $(0.17), missing the $(0.11) estimate by 54.55%. However, sales of $305.146M beat the $302.870M estimate by 0.75%, showing a 5.61% increase from last year.
The significant EPS miss is a negative indicator, but the sales beat and year-over-year growth provide some positive offset. The mixed results are likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100