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OneSpaWorld Holdings Ltd (OSW)
NASDAQ:OSW
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Earnings Data
Report Date
Feb 26, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
0.21Last Year’s EPS
0.12Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Aug 07, 2019
|% Change Since: 12.52%
|Next Earnings Date:May 08, 2019
Earnings Call Sentiment|Positive
The earnings call highlighted a strong financial performance with record revenue and increased annual guidance. The company showed successful expansion and introduction of new services. However, challenges in land-based spa operations and limited data sharing from cruise lines were noted. Overall, the positive aspects significantly outweighed the challenges.Company Guidance
During the OneSpaWorld third quarter 2024 earnings call, the company reported robust financial performance, leading to an increase in annual guidance for the third time this year. Total revenues reached a record $241.7 million, representing a 12% increase from the previous year, while income from operations soared by 48% to $25 million. Adjusted EBITDA also rose by 33% to $33 million. The company highlighted a 28% increase in unlevered after-tax free cash flow, reaching $31 million with a conversion rate of 94%. Operational highlights included an increase in ship count to 196, with an average of 195 ships throughout the quarter, and 4,204 cruise ship personnel, marking a growth from the previous year. Furthermore, the company continued to expand its Medi-Spa services, now available on 144 ships. Looking ahead, OneSpaWorld expects total revenues for fiscal year 2024 to range between $888 million and $893 million, with adjusted EBITDA projected between $110 million and $112 million. The company aims to operate on 198 cruise ships and at 51 land-based resorts by the end of fiscal 2024.Record-Breaking Financial Performance
Total revenues increased 12% to a record $241.7 million compared to $216.3 million in Q3 2023. Income from operations rose 48% to a record $25 million, and adjusted EBITDA increased by 33% to $33 million.
Increased Annual Guidance
Based on outstanding performance, annual guidance has been increased for the third time this year, reflecting sustained momentum and positive business outlook.
Expansion in Health and Wellness Centers
Operated health and wellness centers on 196 ships, an increase from 189 ships in Q3 2023, with plans to end 2024 on 198 vessels.
Introduction of New Services
New cryotherapy body services and LED light facial services showed strong double-digit growth in Q3 as compared to Q2.
Refinancing and Strong Balance Sheet
Refinanced first lien term loan with a new $100 million 5-year facility, enhancing capital structure and financial flexibility.
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OSW Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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OSW Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 30, 2024 | $17.41 | $17.88 | +2.70% |
| Jul 31, 2024 | $16.70 | $16.01 | -4.13% |
| May 01, 2024 | $12.66 | $14.23 | +12.40% |
| Feb 28, 2024 | $13.96 | $13.27 | -4.94% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does OneSpaWorld Holdings Ltd (OSW) report earnings?
OneSpaWorld Holdings Ltd (OSW) is schdueled to report earning on Feb 26, 2025, TBA Not Confirmed.
What is OneSpaWorld Holdings Ltd (OSW) earnings time?
OneSpaWorld Holdings Ltd (OSW) earnings time is at Feb 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is OSW EPS forecast?
OSW EPS forecast for the fiscal quarter 2024 (Q4) is 0.21.
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