The ONE Group Hospitality, Inc. (NASDAQ:STKS) is expected to report second quarter earnings results, after market close, on Wednesday 12th August 2020.
Analysts polled by Thomson Reuters anticipate second quarter loss of $ 0.2 per share from revenue of $ 9.80 million.
Looking ahead, the full year loss are expected at $ 0.44 per share on the revenues of $ 123.11 million.
Previous Quarter Performance
The ONE Group Hospitality, Inc. unwinded loss for the first quarter of $ 0.07 per share, from the revenue of $ 40.72 million. The quarterly earnings while revenues boosted 87.22 percent compared with the same quarter last year.
Street analysts expected The ONE Group Hospitality, Inc. to report income of $ 0.01 per share on revenue of $ 30.76 million for the first quarter. The bottom line results missed street analysts by $ 0 or , at the same time, top line results outshined analysts by $ 9.96 million or 32.38 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of STKS was $ 1.72, representing a 135.62 % increase from the 52 week low of $ 0.73 and a 63.25 % decrease over the 52 week high of $ 4.68.
The company has a market capital of $ 49.44 million and is part of the Consumer Cyclical sector and Restaurants industry.
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Conference Call
The ONE Group Hospitality, Inc. will be hosting a conference call at 4:30 PM eastern time on 12th August 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.togrp.com
The ONE Group Hospitality, Inc., a hospitality company, develops, owns, and operates restaurants and lounges worldwide. It operates in three segments: Owned Restaurants; Owned Food, Beverage and Other; and Managed and Licensed Operations. The company also provides turn-key food and beverage services for hospitality venues, including hotels, casinos, and other locations.
