Chatham Lodging Trust expected to post a loss of 28  cents a share - Earnings Preview

Chatham Lodging Trust

02/05/2022 19:31

* Chatham Lodging Trust  CLDT.N   CLDT.K  is expected
to show a
rise in quarterly revenue when it reports  results on May 4. 
    * The West Palm Beach Florida-based  company is expected to
report
 a 68.0% increase in revenue to $53.954 million from $32.11
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Chatham Lodging
Trust is
for a loss of 28 cents per share. For the same quarter last
year, the company reported a loss of 45 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 10.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Chatham
Lodging
Trust is $16.25​, above​ its last closing price of $14.36. ​​​

This summary was machine generated May 2 at 18:31 GMT.  All
figures in US dollars  unless otherwise stated