Inspirato (NASDAQ:ISPO) Posts Earnings Results, Misses Estimates By $0.28 EPS

Inspirato (NASDAQ:ISPO) announced its earnings results on Monday. The company reported ($2.05) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.77) by ($0.28), Zacks reports. The company had revenue of $69.11 million during the quarter, compared to analysts’ expectations of $64.94 million. During the same period in the previous year, the business posted ($6.26) earnings per share.

Inspirato Trading Down 1.3 %

Shares of ISPO traded down $0.05 during mid-day trading on Thursday, hitting $3.74. The company’s stock had a trading volume of 10,146 shares, compared to its average volume of 250,615. Inspirato has a 1-year low of $3.11 and a 1-year high of $9.31. The firm has a market capitalization of $24.97 million, a P/E ratio of -0.86 and a beta of -0.17. The firm has a 50-day simple moving average of $4.11 and a 200 day simple moving average of $4.02.

Insider Activity at Inspirato

In other news, major shareholder One Planet Group Llc acquired 1,335,271 shares of the company’s stock in a transaction that occurred on Tuesday, August 13th. The stock was purchased at an average cost of $3.43 per share, with a total value of $4,579,979.53. Following the purchase, the insider now directly owns 1,335,271 shares of the company’s stock, valued at approximately $4,579,979.53. The acquisition was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, major shareholder One Planet Group Llc purchased 1,335,271 shares of the company’s stock in a transaction on Tuesday, August 13th. The stock was bought at an average price of $3.43 per share, with a total value of $4,579,979.53. Following the completion of the transaction, the insider now owns 1,335,271 shares of the company’s stock, valued at approximately $4,579,979.53. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Payam Zamani purchased 1,580,180 shares of the company’s stock in a transaction on Friday, September 13th. The shares were bought at an average cost of $5,420,020.00 per share, with a total value of $8,564,607,203,600.00. Following the transaction, the chief executive officer now directly owns 2,795,451 shares of the company’s stock, valued at $15,151,400,329,020. This represents a 100.00 % increase in their position. The disclosure for this purchase can be found here. 42.00% of the stock is currently owned by company insiders.

About Inspirato

Inspirato Incorporated, together with its subsidiaries, operates as a subscription-based luxury travel company. The company's portfolio includes luxury vacation homes, and accommodations at luxury hotels and resorts, as well as luxury safaris, cruises, custom-designed itineraries, and other experiences.