LONDON (AP) — LONDON (AP) — Soho House & Co Inc (SHCO) on Friday reported a loss of $57 million in its fourth quarter.
On a per-share basis, the London-based company said it had a loss of 29 cents. Losses, adjusted for asset impairment costs, were 10 cents per share.
The results fell short of Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 7 cents per share.
The operator of members-only luxury hotels and clubs under the Soho House brand posted revenue of $290.8 million in the period, also falling short of Street forecasts. Three analysts surveyed by Zacks expected $303.1 million.
For the year, the company reported a loss of $118 million, or 60 cents per share. Revenue was reported as $1.14 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SHCO at https://www.zacks.com/ap/SHCO