ONESPAWORLD HOLDINGS Ltd (OSW) revealed earnings for first quarter that decreased from the same period last year but beat the Street estimates.
The company's bottom line came in at $15.27 million, or $0.15 per share. This compares with $21.16 million, or $0.21 per share, last year.
Excluding items, ONESPAWORLD HOLDINGS Ltd reported adjusted earnings of $22.59 million or $0.22 per share for the period.
Analysts on average had expected the company to earn $0.21 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 4.0% to $219.63 million from $211.22 million last year.
ONESPAWORLD HOLDINGS Ltd earnings at a glance (GAAP) :
-Earnings: $15.27 Mln. vs. $21.16 Mln. last year.
-EPS: $0.15 vs. $0.21 last year.
-Revenue: $219.63 Mln vs. $211.22 Mln last year.
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