Overview
OneSpaWorld Q3 revenue rises 7% to $258.5 mln, beating analyst expectations
Adjusted EPS for Q3 beats estimates at $0.29
Company increases quarterly dividend by 25% to $0.05 per share
Outlook
OneSpaWorld expects fiscal 2025 revenue of $960-965 mln
Company forecasts fiscal 2025 adjusted EBITDA of $122-124 mln
Result Drivers
GUEST SPEND AND FLEET EXPANSION - Revenue growth driven by 4% increase in average guest spend, fleet expansion with new ship builds, and increased revenue days
NEW SHIP WELLNESS CENTERS - Launch of wellness centers on four new ships increased guest count and spending
TECHNOLOGY AND AI INTEGRATION - Integration of AI technologies and strategic investments in technology drove operational efficiencies and revenue growth
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q3 Revenue | Beat | $258.50 mln | $258.41 mln (4 Analysts) |
Q3 Adjusted EPS | Beat | $0.29 | $0.28 (5 Analysts) |
Q3 Adjusted Net Income | Beat | $30.40 mln | $28.38 mln (4 Analysts) |
Q3 Adjusted EBITDA | Beat | $35 mln | $34.75 mln (4 Analysts) |
Q3 Operating Income | $26.30 mln |
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the leisure & recreation peer group is "buy."
Wall Street's median 12-month price target for Onespaworld Holdings Ltd is $25.00, about 14.8% above its October 28 closing price of $21.29
The stock recently traded at 19 times the next 12-month earnings vs. a P/E of 19 three months ago
Press Release: ID:nBw2QTP8Qa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)