One Group Hospitality Inc reports results for the quarter ended in December - Earnings Summary

One Hospitality

14/03/2024 21:53

* One Group Hospitality Inc  STKS.OQ  reported quarterly
adjusted
earnings of 17 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of 19 cents.  The mean expectation of
two analysts for the quarter was for earnings of 15 cents per
share. Wall Street expected results to range from 14 cents to 16
cents per share.
    * Revenue rose 1.8% to $89.94 million from a year ago;
analysts
expected $98.04 million. 
    * One Group Hospitality Inc's reported EPS for the quarter
was 15
cents​.
    * The company reported quarterly net income of $4.64
million.
    * One Group Hospitality Inc shares had fallen by 39.7% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 7.1%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the restaurants &
bars
peer group is  "hold."

Wall Street's median 12-month price target for One Group
Hospitality Inc is $8.50 
This summary was machine generated from LSEG data March 14 at
09:52 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2023      0.15           0.17           Beat
 Sep. 30 2023      0.03           -0.08          Missed
 Jun. 30 2023      0.15           0.06           Missed
 Mar. 31 2023      0.12           0.10           Missed