Chatham Lodging Trust expected to post a loss of 17 cents a share - Earnings Preview

Chatham Lodging Trust

02/05/2023 19:36

* Chatham Lodging Trust  CLDT.N   CLDT.K  is expected
to show a
rise in quarterly revenue when it reports  results on May 4. 
    * The Palm Beach Florida-based  company is expected to
report  a
19.4% increase in revenue to $65.524 million from $54.89 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Chatham Lodging
Trust is
for a loss of 17 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 1
"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 $15​, above​ its last closing price of $10.31. ​​​

This summary was machine generated May 2 at 18:36 GMT.  All
figures in US dollars  unless otherwise stated