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

Ashford Hospitality Trust

02/05/2023 18:21

* Ashford Hospitality Trust Inc  AHT.N  reported a quarterly
adjusted loss of $1.88​​ per share for the quarter ended in
March. The lone analyst forecast for the quarter was for a loss
of $1.68 per share.
    * Revenue rose 33.1% to $328.89 million from a year ago;
analysts
expected $305.64 million. 
    * Ashford Hospitality Trust Inc's reported EPS for the
quarter was
a loss of $1.88​.
    * The mean earnings estimate of analysts had fallen by
about 127.2% in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Ashford Hospitality Trust Inc shares had risen by 12.1%
this
quarter and lost 19.5% so far this year.
    * The company reported a quarterly loss of $64.57 million.
    * Wall Street's median 12-month price target for Ashford
Hospitality Trust Inc is $6.50 
    * 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 May
2 at 05:21 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      -0.08          0.19           Beat
 Dec. 31 2022      0.00           0.16           Beat
 Sep. 30 2022      0.56           0.52           Missed
 Jun. 30 2022      1.03           1.23           Beat