OneSpaWorld: Q4 Earnings Snapshot

NASSAU, Bahamas (AP) — NASSAU, Bahamas (AP) — OneSpaWorld Holdings Limited (OSW) on Wednesday reported a loss of $7.3 million in its fourth quarter.

On a per-share basis, the Nassau, Bahamas-based company said it had a loss of 7 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 12 cents per share.

The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 17 cents per share.

The company posted revenue of $194.8 million in the period, which also did not meet Street forecasts. Three analysts surveyed by Zacks expected $197.7 million.

For the year, the company reported a loss of $3 million, or 3 cents per share. Revenue was reported as $794 million.

For the current quarter ending in March, OneSpaWorld said it expects revenue in the range of $204 million to $209 million.

The company expects full-year revenue in the range of $850 million to $870 million.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OSW at https://www.zacks.com/ap/OSW