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.
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.