Soho House & Co Inc. (SHCO) to Release Quarterly Earnings on Friday

Soho House & Co Inc. (NYSE:SHCO) is scheduled to announce its earnings results before the market opens on Friday, May 10th. Analysts expect the company to announce earnings of ($0.22) per share for the quarter. Soho House & Co Inc. has set its FY 2024 guidance at EPS.Investors interested in participating in the company’s conference call can do so using this link.

Soho House & Co Inc. (NYSE:SHCO) last issued its earnings results on Friday, March 15th. The company reported ($0.10) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.03). The business had revenue of $290.79 million for the quarter, compared to the consensus estimate of $303.05 million. On average, analysts expect Soho House & Co Inc. to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Soho House & Co Inc. Stock Performance

Shares of NYSE SHCO opened at $5.15 on Wednesday. The firm has a market capitalization of $1.01 billion, a P/E ratio of -8.58 and a beta of 0.75. Soho House & Co Inc. has a one year low of $4.35 and a one year high of $8.48. The company’s fifty day moving average is $5.67 and its two-hundred day moving average is $6.30.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on SHCO shares. Citigroup decreased their price objective on shares of Soho House & Co Inc. from $11.00 to $10.00 and set a “buy” rating on the stock in a research report on Monday, February 12th. William Blair reiterated an “outperform” rating on shares of Soho House & Co Inc. in a research report on Monday, March 18th. Finally, Roth Mkm decreased their price objective on shares of Soho House & Co Inc. from $10.00 to $7.50 and set a “buy” rating on the stock in a research report on Monday, March 18th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $8.50.

About Soho House & Co Inc.

Soho House & Co Inc operates a global membership platform of physical and digital spaces that connects a group of members. The company helps the members to use the platform to work, socialize, connect, create, and flourish all over the world. The company was formerly known as Membership Collective Group Inc and changed its name to Soho House & Co Inc in March 2023.