ClubCorp Holdings Inc (MYCC) announced its most recent quarterly financial results on Thursday, Oct-13-2016. MYCC reported $0.02 earnings per share for the quarter, missing the analyst consensus estimate by $-0.06. Analysts had a consensus of $0.08. The company posted revenue of $259.33 million in the period, compared to analysts expectations of $264.82 million. MYCC’s revenue was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.02 EPS.
Many Wall Street Analysts have commented on ClubCorp Holdings Inc. ClubCorp Holdings Inc was Initiated by Goldman to “Neutral” on Sep 26, 2016. Company shares were Upgraded by Imperial Capital on Sep 16, 2016 to ” Outperform”, Firm has raised the Price Target to $ 21 from a previous price target of $14 .Company shares were Reiterated by Imperial Capital on Jul 19, 2016 to “In-line”, Firm has raised the Price Target to $ 14 from a previous price target of $12 .
ClubCorp Holdings Inc closed down -0.12 points or -0.85% at $13.98 with 2,64,630 shares getting traded on Tuesday. Post opening the session at $14.01, the shares hit an intraday low of $13.96 and an intraday high of $14.21 and the price fluctuated in this range throughout the day.Shares ended Tuesday session in Red.
In a different news, on Jul 25, 2016, Andrew V Miller (EVP of Membership) sold 2,000 shares at $14.94 per share price. According to the SEC, on Jul 19, 2016, Margaret Mary Spellings (director) purchased 1,000 shares at $14.76 per share price. On Mar 7, 2016, Janet Grove (director) purchased 1,000 shares at $14.55 per share price, according to the Form-4 filing with the securities and exchange commission.
ClubCorp Holdings Inc. is engaged in membership-based leisure business and an owner and operator of private golf and country clubs and business sports and alumni clubs in North America. The Company operations are organized into two business segments: golf and country clubs and business sports and alumni clubs. Its golf and country club segment includes a variety of clubs designed to appeal to a group of families and individuals who lead an active lifestyle and seek a nearby outlet for golf tennis swimming and other activities. The Company’s business sports and alumni club segment is designed to provide its members with private locations where they can work network and socialize. As of December 30 2014 the Company’s portfolio of 207 owned or operated clubs with over 180000 memberships serving over 400000 individual members.