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

Soho House & Co Inc. (NYSE:SHCO) is anticipated to release its results before the market opens on Thursday, December 18th. Analysts expect Soho House & Co Inc. to post earnings of $0.02 per share for the quarter.

Soho House & Co Inc. (NYSE:SHCO) last released its quarterly earnings results on Friday, November 7th. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.12). The company had revenue of $370.75 million for the quarter, compared to analyst estimates of $352.80 million. Soho House & Co Inc. had a negative return on equity of 4.02% and a negative net margin of 6.00%. 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 Up 0.2%

Shares of NYSE:SHCO opened at $8.85 on Thursday. The firm has a market cap of $1.73 billion, a PE ratio of -22.11 and a beta of 0.69. The company has a fifty day simple moving average of $8.86 and a 200 day simple moving average of $8.02. Soho House & Co Inc. has a 12-month low of $4.75 and a 12-month high of $8.92.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the business. Quarry LP acquired a new stake in Soho House & Co Inc. during the third quarter worth about $29,000. Bank of America Corp DE lifted its holdings in shares of Soho House & Co Inc. by 551.8% in the 2nd quarter. Bank of America Corp DE now owns 6,766 shares of the company’s stock worth $50,000 after purchasing an additional 5,728 shares during the last quarter. Osaic Holdings Inc. boosted its position in Soho House & Co Inc. by 37.4% during the 2nd quarter. Osaic Holdings Inc. now owns 7,867 shares of the company’s stock valued at $58,000 after purchasing an additional 2,143 shares during the period. Occudo Quantitative Strategies LP bought a new position in Soho House & Co Inc. during the 2nd quarter worth $82,000. Finally, PharVision Advisers LLC acquired a new stake in Soho House & Co Inc. in the third quarter worth $160,000. 62.35% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on SHCO shares. Weiss Ratings reissued a “sell (d-)” rating on shares of Soho House & Co Inc. in a research report on Wednesday, October 8th. Roth Capital downgraded Soho House & Co Inc. from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 18th. Finally, Zacks Research lowered Soho House & Co Inc. from a “strong-buy” rating to a “hold” rating in a report on Tuesday, October 7th. One analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $9.00.

Soho House & Co Inc. Company Profile

Soho House & Co, Inc is a holding company, which offers global membership platform of physical and digital spaces. It operates through the following segments: UK, North America, Europe and Rest of the World, and All Other. The company was founded by Nicholas Keith Arthur Jones in 1995 and is headquartered in London, the United Kingdom.