Membership Collective: Q2 Earnings Insights

Membership Collective: Q2 Earnings Insights

 

Membership Collective MCG reported its Q2 earnings results on Wednesday, August 17, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Membership Collective missed estimated earnings by 156.25%, reporting an EPS of $-0.41 versus an estimate of $-0.16.

Revenue was up $119.77 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.11 which was followed by a 2.14% increase in the share price the next day.

Here's a look at Membership Collective's past performance:

 

Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate -0.19 -0.16 -0.21 -0.28
EPS Actual -0.30 -0.21 -0.72 -0.28
Revenue Estimate 202.92M 187.88M 165.40M 117.30M
Revenue Actual 192.01M 184.51M 179.56M 124.00M

To track all earnings releases for Membership Collective visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarnings