Chatham Lodging Trust reports results for the quarter ended in March - Earnings Summary

Chatham Lodging Trust

04/05/2021 15:00

* Chatham Lodging Trust  CLDT.N  reported a quarterly adjusted
loss of 45 cents​​ per share for the quarter ended in March. The
lone analyst forecast for the quarter was for a loss of 48 cents
per share.
* Revenue fell 46.7% to $32.11 million from a year ago​; 
analysts expected $32.41 million.
* Chatham Lodging Trust's reported EPS for the quarter was 6
cents​.
* The mean earnings estimate of analysts had fallen by
about 35.9% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate and  
* Chatham Lodging Trust shares had risen by 9.2% this
quarter and gained 33.1% so far this year.
* The company reported quarterly net income of $2.66 million.
* Wall Street's median 12-month price target for Chatham Lodging
Trust is $14.00 
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
This summary was machine generated May 4 at 01:59 p.m. GMT. ​All
figures in US Dollars.​