Chatham Lodging Trust expected to post a loss of 14 cents a share - Earnings Preview

Chatham Lodging Trust

24/02/2025 13:52

* Chatham Lodging Trust  CLDT.N   CLDT.K  is expected
to show a
rise in quarterly revenue when it reports  results on February
26 for the period ending December 31 2024
    * The Palm Beach Florida-based  company is expected to
report a
3.3% increase in revenue to $74.647 million from $72.28 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.The company's guidance on November 7 2024,
for the period ended December 31, was for revenue between $74.08
million and $75.38 million.
    * ​LSEG's mean analyst estimate for Chatham Lodging Trust is
for a
loss of 14 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 2
"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 Chatham
Lodging
Trust is $11.75​, above​ its last closing price of $8.11. ​​​

The company's guidance on November 7 2024 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD74.08 million and
USD20.73 million.The company's guidance on November 7 2024 for
the period ended December 31 was for Funds Flow from Operations
between USD0.15 and USD0.18.
This summary was machine generated February 24 at 13:52 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)