OneSpaWorld Holdings Limited (OSW) saw its stock price soar by 5.22% during Wednesday's intraday trading session, following the release of its first-quarter fiscal 2026 financial results.
The cruise wellness provider reported quarterly adjusted earnings of $0.27 per share, beating the analyst consensus estimate of $0.26. Revenue for the quarter rose 13% year-over-year to $247.6 million, also surpassing expectations of $243.96 million. The company's net income jumped 40% to $21.3 million, while adjusted EBITDA increased 21% to $32.2 million, both exceeding analyst forecasts.
OneSpaWorld attributed its strong performance to cruise ship expansion, a 2% increase in average guest spend, and the integration of AI-driven technologies. The company also provided optimistic guidance, forecasting Q2 revenue of $257-$262 million and maintaining its full-year 2026 revenue outlook of $1.014-$1.034 billion. Analysts maintain a "strong buy" rating on the stock with a median 12-month price target of $26.00.
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