Braemar Hotels & Resorts Inc reports results for the quarter ended in June - Earnings Summary

Braemar Hotels & Resorts

02/08/2023 04:10

* Braemar Hotels & Resorts Inc  BHR.N  reported a quarterly
adjusted loss of 20 cents​​ per share for the quarter ended in
June. The lone analyst forecast for the quarter was for a loss
of 27 cents per share.
    * Revenue rose 6.8% to $186.71 million from a year ago;
analysts
expected $184.29 million. 
    * Braemar Hotels & Resorts Inc's reported EPS for the
quarter was
a loss of 20 cents​.
    * The mean earnings estimate of analysts had fallen by
about 21.8%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Braemar Hotels & Resorts Inc shares had fallen by 8.0%
this
quarter and lost 10.0% so far this year.
    * The company reported a quarterly loss of $13.02 million.
    * Wall Street's median 12-month price target for Braemar
Hotels &
Resorts Inc is $7.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 2 at 03:10 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.20           0.20           Met
 Mar. 31 2023      0.37           0.44           Beat
 Dec. 31 2022      0.11           0.16           Beat
 Sep. 30 2022      0.23           0.16           Missed