One Group Hospitality Inc STKS.OQ reported quarterly adjusted earnings of 5 cents per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 8 cents. The mean expectation of five analysts for the quarter was for earnings of 9 cents per share. Wall Street expected results to range from 6 cents to 11 cents per share.
Revenue rose 20.2% to $207.38 million from a year ago; analysts expected $208.38 million.
One Group Hospitality Inc's reported EPS for the quarter was a loss of 59 cents.
The company reported a quarterly loss of $18.24 million.
One Group Hospitality Inc shares had fallen by 25.2% this quarter and gained 4.5% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts had risen by about 176.8% 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 4 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell." The average consensus recommendation for the restaurants & bars peer group is also "buy"
Wall Street's median 12-month price target for One Group Hospitality Inc is $5.50, about 44.9% above its last closing price of $3.03
This summary was machine generated from LSEG data August 5 at 09:02 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)