Chatham Lodging Trust expected to post a loss of 16 cents a share - Earnings Preview

Chatham Lodging Trust

23/02/2024 18:00

* Chatham Lodging Trust  CLDT.N   CLDT.K  is expected
to show a
rise in quarterly revenue when it reports  results on February
27 for the period ending December 31 2023
    * The Palm Beach Florida-based  company is expected to
report a
0.5% increase in revenue to $70.691 million from $70.32 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for Chatham Lodging Trust is
for a
loss of 16 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 $13.00​, above​ its last closing price of $10.60. ​​​

This summary was machine generated February 23 at 18:00 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)