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

Chatham Lodging Trust

04/05/2023 14:32

* Chatham Lodging Trust  CLDT.N  reported a quarterly
adjusted
loss of 14 cents​​ per share for the quarter ended in March. The
lone analyst forecast for the quarter was for a loss of 17 cents
per share.
    * Revenue rose 23.2% to $67.61 million from a year ago;
analysts
expected $65.52 million. 
    * Chatham Lodging Trust's reported EPS for the quarter was a
loss
of 14 cents​.
    * The mean earnings estimate of analysts had fallen by
about 38.7%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Chatham Lodging Trust shares had fallen by 3.3% this
quarter and
lost 17.4% so far this year.
    * The company reported a quarterly loss of $6.84 million.
    * Wall Street's median 12-month price target for Chatham
Lodging
Trust is $15.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data May
4 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.13           0.16           Beat
 Dec. 31 2022      0.18           0.20           Beat
 Sep. 30 2022      0.42           0.50           Beat
 Jun. 30 2022      0.34           0.40           Beat