SHCO Earnings Prediction
The chart below shows how SHCO performed 10 days before and after its earnings report, based on data from the past quarters. Typically, SHCO sees a -2.60% change in stock price 10 days leading up to the earnings, and a +2.07% change 10 days following the report. On the earnings day itself, the stock moves by +1.93%. This data can give you a slight idea of what to expect for the next quarter's release.
SHCO Key Earning Data
SHCO Earnings Analysis
Positive
Quarterly Revenue Growth: Total revenues for the third quarter grew 14% year-on-year to $333 million, accelerating from 3% growth in the first quarter and 5% growth in the second.
Membership Revenue Increase: Membership revenue rose 17% year-on-year to $107 million while in-house revenues were up 5% and other revenues up 22%.
House Level Contribution Increase: House level contribution was up $9 million or 17% year-on-year with house level margins of approximately 150 basis points to 28% despite the short-term impact of new house openings.
EBITDA Growth and Margin Expansion: Adjusted EBITDA was $48 million, up 38% year-on-year with margins increasing approximately 250 basis points year-over-year.
Cash and Debt Position: We ended the quarter with $147 million of cash and cash equivalents, $5 million lower than the end of the second quarter and $686 million of net debt.
Negative
Quarterly Revenue Increase: Total revenues for the third quarter grew 14% year-on-year to $333 million, accelerating from 3% growth in the first quarter and 5% growth in the second.
Net Income Improvement: Net income was positive in the quarter, up from negative $49 million in the third quarter last year.
Adjusted EBITDA Performance: Adjusted EBITDA was $48 million, growing 38% year-on-year but slightly below our expectations.
Cash and Debt Position: We ended the quarter with $147 million of cash and cash equivalents, $5 million lower than the end of the second quarter and $686 million of net debt.
Debt to EBITDA Ratio: We ended the quarter at 5 times net debt to adjusted EBITDA, down from 6 times at the end of the third quarter 2023.
SHCO FAQs
How does SHCO typically perform around its earnings report dates?
SHCO's stock performance around earnings reports can vary, but historical data shows specific patterns, such as a -2.60% change leading up to the report and a +2.07% change in the 10 days following the release.
Is Soho House & Co Inc. (SHCO) Q3 2024 Earnings Call Summary positive or negative?
How can historical earnings data help predict future stock performance?
SHCO Earning Call Sentiment
Soho House & Co Inc. (SHCO) Q3 2024 Earnings Call Transcript
SHCO.N
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