The ONE Group Hospitality, Inc. (STKS) to Report Q2 Results: What to Know Ahead of the Release

Core Viewpoint - Wall Street anticipates flat earnings for The ONE Group Hospitality, Inc. (STKS) compared to the previous year, with revenues expected to increase significantly [1][3]. Earnings Expectations - The company is projected to report earnings of $0.08 per share, unchanged from the same quarter last year [3]. - Revenues are expected to reach $209.33 million, reflecting a 21.4% increase year-over-year [3]. Estimate Revisions - The consensus EPS estimate has been revised down by 666.67% over the last 30 days, indicating a bearish sentiment among analysts [4]. - The Most Accurate Estimate is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -28.00% [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likely deviation from the consensus estimate, with a strong predictive power for positive readings [9][10]. - The current Zacks Rank for The ONE Group Hospitality is 3, complicating predictions of an earnings beat [12]. Historical Performance - In the last reported quarter, the company surprised analysts by posting earnings of $0.14 per share against an expected loss of $0.17, resulting in a surprise of +182.35% [13]. - Over the past four quarters, The ONE Group Hospitality has beaten consensus EPS estimates twice [14]. Industry Comparison - BJ's Restaurants, another player in the restaurant industry, is expected to report earnings of $0.69 per share, a decrease of 4.2% year-over-year, with revenues projected at $362.1 million, up 3.5% [18][19]. - The consensus EPS estimate for BJ's Restaurants has been revised down by 29% in the last 30 days, but a higher Most Accurate Estimate gives it an Earnings ESP of +17.39% [19][20].