ONESPAWORLD HOLDINGS Ltd Q1 Profit Decreases, But Beats Estimates

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.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com