OneSpaWorld Holdings Q3 2024 Adj. EPS $0.26 Beats $0.23 Estimate, Sales $241.696 Miss $239.379M Estimate
Portfolio Pulse from Benzinga Newsdesk
OneSpaWorld Holdings reported Q3 2024 earnings per share of $0.26, surpassing the analyst estimate of $0.23. However, their sales of $241.696 million slightly missed the expected $239.379 million. This represents a significant increase from last year's sales of $216.271 million.
October 30, 2024 | 10:49 am
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OneSpaWorld Holdings reported better-than-expected Q3 EPS of $0.26, beating the $0.23 estimate. Sales were $241.696M, slightly missing the $239.379M estimate but showing growth from last year.
The positive EPS surprise is likely to have a favorable impact on OSW's stock price in the short term, as it indicates better profitability than expected. The slight miss in sales estimates is offset by the significant year-over-year sales growth, which should also support a positive market reaction.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100