Braemar Hotels & Resorts Inc expected to post a loss of 8 cents a share - Earnings Preview

Braemar Hotels & Resorts

07/05/2024 03:26

* Braemar Hotels & Resorts Inc  BHR.N   BHR  is expected
to show a
fall in quarterly revenue when it reports  results on May 8 for
the period ending March 31 2024
    * The Dallas Texas-based  company is expected to report a
2.1% decrease in revenue to $210.685 million from $215.3 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Braemar Hotels & Resorts
Inc
is for a loss of 8 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "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 Braemar
Hotels &
Resorts Inc is $3.00​, above​ its last closing price of $2.59.
​​​

This summary was machine generated May 7 at 02:26 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)