Looking back on travel and vacation providers stocks’ Q3 earnings, we examine this quarter’s best and worst performers, including Royal Caribbean (NYSERCL) and its peers.
Wrapping up Q3 earnings, we look at the numbers and key takeaways for the travel and vacation providers stocks, including Soho House (NYSESHCO) and its peers.
Shares of social club operator Soho House (NYSESHCO)
jumped 65.2% in the pre-market session after the company received an acquisition offer from a new third-party consortium for $9.00 per share, representing a premium of 83% to the closing price as of Wednesday, December 18, 2024. This is driving the stock action. As for the quarter, Soho House beat analysts' EPS expectations while revenue was in line. On the other hand, full year revenue guidance was lowered, which is never a good sign.
Social club operator Soho House (NYSESHCO) met Wall Street’s revenue expectations in Q3 CY2024, with sales up 10.8% year on year to $333.4 million. On the other hand, the company’s full-year revenue guidance of $1.2 billion at the midpoint came in 2.2% below analysts’ estimates. Its GAAP loss of $0 per share was $0.02 above analysts’ consensus estimates.
Shares of Jabil Inc. (NYSEJBL) fell sharply during Friday’s session after the company reported financial second-quarter results and issued FY25 guidance below estimates.
