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CLDT — Chatham Lodging Trust News Story

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Chatham Lodging Trust reports results for the quarter ended June 30 - Earnings Summary

Chatham Lodging Trust CLDT.N reported quarterly adjusted earnings of 7 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 10 cents.  The lone analyst forecast for the quarter was for earnings of 6 cents per share.

Revenue fell 7.2% to $80.29 million from a year ago; analysts expected $79.67 million.

Chatham Lodging Trust's reported EPS for the quarter was 7 cents​.

The company reported quarterly net income of $3.39 million.

Chatham Lodging Trust shares had fallen by 3.7% this quarter and lost 25.0% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had fallen by about 1.4% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell." The average consensus recommendation for the specialized reits peer group is also "buy"

Wall Street's median 12-month price target for Chatham Lodging Trust is $9.00, about 25.4% above its last closing price of $6.71

This summary was machine generated from LSEG data August 6 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDINGESTIMATEACTUALBEAT, MET, MISSED
Jun. 30 20250.340.36Beat
Mar. 31 20250.140.14Met
Dec. 31 20240.170.20Beat
Sep. 30 20240.350.35Met

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