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The ONE Group Hospitality, Inc. (STKS) Surpasses Q1 Earnings and Revenue Estimates

The ONE Group Hospitality, Inc. (STKS) came out with quarterly earnings of 0.14pershare,beatingtheZacksConsensusEstimateofalossof0.14 per share, beating the Zacks Consensus Estimate of a loss of 0.17 per share. This compares to loss of 0.02pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof182.350.02 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 182.35%. A quarter ago, it was expected that this company would post earnings of 0.12 per share when it actually produced a loss of $0.03, delivering a surprise of -125%.Over the last four qu ...