Ashford Hospitality Trust Inc reports results for the quarter ended in June - Earnings Summary

Ashford Hospitality Trust

02/08/2023 04:12

* Ashford Hospitality Trust Inc  AHT.N  reported a quarterly
adjusted loss of 88 cents​​ per share for the quarter ended in
June. The lone analyst forecast for the quarter was for a loss
of $1.15 per share.
    * Revenue rose 7.9% to $375.75 million from a year ago;
analysts
expected $370.03 million. 
    * Ashford Hospitality Trust Inc's reported EPS for the
quarter was
a loss of 88 cents​.
    * The mean earnings estimate of analysts had fallen by
about 21.7%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Ashford Hospitality Trust Inc shares had risen by 7.2%
this
quarter and lost 10.5% so far this year.
    * The company reported a quarterly loss of $30.26 million.
    * Wall Street's median 12-month price target for Ashford
Hospitality Trust Inc is $5.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 03:11 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.53           0.78           Beat
 Mar. 31 2023      -0.08          0.19           Beat
 Dec. 31 2022      0.00           0.16           Beat
 Sep. 30 2022      0.56           0.52           Missed