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

Chatham Lodging Trust

31/10/2023 16:45

* Chatham Lodging Trust  CLDT.N   CLDT.K  is expected
to show a
fall in quarterly revenue when it reports  results on November
2. 
    * The Palm Beach Florida-based  company is expected to
report  a
1.8% decrease in revenue to $86.293 million from $87.89 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Chatham Lodging
Trust is
for earnings of 17 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 $13.88​, above​ its last closing price of $9.22. ​​​

This summary was machine generated October 31 at 16:45 GMT.  All
figures in US dollars  unless otherwise stated