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

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

Soho House & Co Inc. (NYSE:SHCO) last announced its quarterly earnings data on Friday, March 15th. The company reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.03). The business had revenue of $290.79 million during the quarter, compared to analysts’ expectations 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 Soho House & Co Inc. stock opened at $5.05 on Thursday. Soho House & Co Inc. has a 52 week low of $4.35 and a 52 week high of $8.48. The stock has a 50 day moving average price of $5.66 and a two-hundred day moving average price of $6.29. The stock has a market capitalization of $988.13 million, a PE ratio of -8.42 and a beta of 0.75.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on SHCO shares. Citigroup reduced their price objective on 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. Roth Mkm dropped their target price on Soho House & Co Inc. from $10.00 to $7.50 and set a “buy” rating on the stock in a report on Monday, March 18th. Finally, William Blair restated an “outperform” rating on shares of Soho House & Co Inc. in a report on Monday, March 18th. One investment analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $8.50.

Soho House & Co Inc. Company Profile

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.