Soho House & Co Inc. (SHCO) Expected to Announce Earnings on Thursday

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

Soho House & Co Inc. (NYSE:SHCO) last announced its quarterly earnings data on Friday, November 7th. The company reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of $0.02 by ($0.12). Soho House & Co Inc. had a negative return on equity of 4.02% and a negative net margin of 6.00%.The company had revenue of $370.75 million for the quarter, compared to analyst estimates of $352.80 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. Trading Up 0.1%

NYSE:SHCO opened at $8.94 on Tuesday. The firm has a market capitalization of $1.75 billion, a price-to-earnings ratio of -22.34 and a beta of 0.69. Soho House & Co Inc. has a 1-year low of $4.77 and a 1-year high of $8.95. The business’s 50-day moving average price is $8.86 and its two-hundred day moving average price is $8.09.

Hedge Funds Weigh In On Soho House & Co Inc.

Several hedge funds have recently made changes to their positions in the business. Pentwater Capital Management LP bought a new stake in shares of Soho House & Co Inc. in the third quarter worth $13,063,000. Woodline Partners LP bought a new stake in Soho House & Co Inc. during the 3rd quarter worth about $11,195,000. Qube Research & Technologies Ltd acquired a new position in shares of Soho House & Co Inc. during the 3rd quarter worth about $10,633,000. Millennium Management LLC grew its holdings in shares of Soho House & Co Inc. by 760.9% in the 3rd quarter. Millennium Management LLC now owns 739,568 shares of the company’s stock valued at $6,545,000 after acquiring an additional 653,661 shares in the last quarter. Finally, Orion Porfolio Solutions LLC increased its position in shares of Soho House & Co Inc. by 4,793.2% in the second quarter. Orion Porfolio Solutions LLC now owns 514,128 shares of the company’s stock valued at $3,779,000 after acquiring an additional 503,621 shares during the last quarter. 62.35% of the stock is owned by institutional investors.

Analysts Set New Price Targets

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