Ashford Hospitality Trust Inc expected to post a loss of $3.50 a share - Earnings Preview

Ashford Hospitality Trust

02/11/2024 04:04

* Ashford Hospitality Trust Inc  AHT.N   AHT  is expected
to show
a fall in quarterly revenue when it reports  results on November
5 for the period ending September 30 2024
    * The Dallas Texas-based  company is expected to report a
21.6% decrease in revenue to $268.967 million from $343.01
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data. (SAL represents Total Revenue)
    * ​LSEG's mean analyst estimate for Ashford Hospitality
Trust Inc
is for a loss of $3.50 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Ashford
Hospitality Trust Inc is 25.00​, above​ its last closing price
of $6.65. ​​​

This summary was machine generated November 2 at 04:02 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)