Investors in OneSpaWorld Holdings Limited (NASDAQ:OSW) had a good week, as its shares rose 5.9% to close at US$10.46 following the release of its second-quarter results. Revenues beat expectations by 42%, and sales of US$9.2m were sufficient to generate a statutory profit of US$0.0033 - a pleasant surprise given that the analysts were forecasting a loss! This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on OneSpaWorld Holdings after the latest results.

View our latest analysis for OneSpaWorld Holdings

Taking into account the latest results, the current consensus from OneSpaWorld Holdings' three analysts is for revenues of US$110.7m in 2021, which would reflect a sizeable 444% increase on its sales over the past 12 months. The loss per share is expected to greatly reduce in the near future, narrowing 51% to US$0.93. Before this latest report, the consensus had been expecting revenues of US$109.7m and US$0.49 per share in losses. So it's pretty clear the analysts have mixed opinions on OneSpaWorld Holdings even after this update; although they reconfirmed their revenue numbers, it came at the cost of a considerable increase to per-share losses.

The consensus price target held steady at US$12.00, seemingly implying that the higher forecast losses are not expected to have a long term impact on the company's valuation. It could also be instructive to look at the range of analyst estimates, to evaluate how different the outlier opinions are from the mean. The most optimistic OneSpaWorld Holdings analyst has a price target of US$14.00 per share, while the most pessimistic values it at US$10.00. As you can see, analysts are not all in agreement on the stock's future, but the range of estimates is still reasonably narrow, which could suggest that the outcome is not totally unpredictable.

One way to get more context on these forecasts is to look at how they compare to both past performance, and how other companies in the same industry are performing. One thing stands out from these estimates, which is that OneSpaWorld Holdings is forecast to grow faster in the future than it has in the past, with revenues expected to display 25x annualised growth until the end of 2021. If achieved, this would be a much better result than the 47% annual decline over the past three years. Compare this against analyst estimates for the broader industry, which suggest that (in aggregate) industry revenues are expected to grow 11% annually. Not only are OneSpaWorld Holdings' revenues expected to improve, it seems that the analysts are also expecting it to grow faster than the wider industry.