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

Soho House & Co Inc. (NYSE:SHCO) is set to issue its quarterly earnings data 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.Parties that wish to register for 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) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.03). The firm had revenue of $290.79 million for the quarter, compared to analyst estimates 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. Trading Down 1.9 %

Shares of Soho House & Co Inc. stock opened at $5.05 on Thursday. The company has a fifty day simple moving average of $5.66 and a 200-day simple moving average of $6.29. Soho House & Co Inc. has a 12-month low of $4.35 and a 12-month high of $8.48. The stock has a market cap of $988.13 million, a price-to-earnings ratio of -8.42 and a beta of 0.75.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Citigroup decreased their price target on shares of Soho House & Co Inc. from $11.00 to $10.00 and set a “buy” rating for the company in a research note on Monday, February 12th. William Blair restated an “outperform” rating on shares of Soho House & Co Inc. in a research report on Monday, March 18th. Finally, Roth Mkm cut their price target on shares of Soho House & Co Inc. from $10.00 to $7.50 and set a “buy” rating for the company in a report on Monday, March 18th. One research analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, Soho House & Co Inc. has a consensus rating of “Moderate Buy” and an average target price 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.