2024-11-06 11:10:04 :
Wonderla Holidays Second Quarter Results Live: Wonderla Holidays reported its second quarter results on November 5, 2024, showing mixed results for the quarter. Although the company’s profits increased by 8.85% year-on-year, revenue fell sharply by 10.35%. This suggests that despite a challenging revenue situation, the company’s cost management strategy is likely to yield positive results.
The numbers tell a more disturbing story than the previous quarter. Revenue dropped significantly by 61.03%, and profit dropped by 76.73%. This decline raises questions about the sustainability of the company’s performance given seasonal fluctuations and market dynamics.
From the perspective of operating efficiency, Wonderla Holidays’ selling, general and administrative expenses decreased slightly, down 1.89% month-on-month. However, these expenses increased significantly by 32.68% year-on-year, indicating that rising operating costs may need to be addressed in the future.
The company’s operating income dropped significantly by 119.88% month-on-month and 226.85% year-on-year, highlighting the severe challenges faced in maintaining profitability amid declining revenue.
Second quarter earnings per share (EPS) reported as $2.59, a year-on-year increase of 8.38%. This is a positive indicator for shareholders, indicating that the company’s profit margins are improving even as revenue contracts.
However, Wonderla Holidays has struggled in the market, returning -2.33% last week and -12.4% over the past six months, and is only up a modest 0.78% year-to-date. The numbers could raise concerns among investors about the stock’s performance in a volatile market.
Currently, Wonderla Holidays has a market capitalization of $4806.75 Cr, 52-week high $1105.9 and lowest price $770.05. This range indicates a volatile stock price, reflecting investor sentiment and market conditions.
As of November 6, 2024, of the two analysts covering Wonderla Holidays, one has a Buy rating and the other has a Strong Buy rating. The consensus recommendation is a “Strong Buy,” suggesting analysts remain optimistic about the company’s long-term potential despite recent challenges.
Wonderla Vacation Finance
| period | Q2 | Q1 | month-on-month growth | Q2 | year-on-year growth |
|---|---|---|---|---|---|
| total revenue | 67.38 | 172.9 | -61.03% | 75.16 | -10.35% |
| Total Selling/General/Administrative Expenses | 20.01 | 20.4 | -1.89% | 15.08 | +32.68% |
| Depreciation/Amortization | 14.62 | 12.35 | +18.41% | 8.02 | +82.3% |
| total operating expenses | 83.09 | 93.86 | -11.47% | 62.78 | +32.36% |
| operating income | -15.71 | 79.03 | -119.88% | 12.39 | -226.85% |
| net income before tax | -12.09 | 83.48 | -114.49% | 18.49 | -165.4% |
| net income | 14.72 | 63.24 | -76.73% | 13.52 | +8.85% |
| Diluted normalized earnings per share | 2.59 | 11.18 | -76.83% | 2.39 | +8.38% |
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