Hersha Hospitality Trust expected to post a loss of 17 cents a share - Earnings Preview

Hersha Hospitality Trust

25/10/2022 01:59

* Hersha Hospitality Trust  HT.N   HT  is expected to show a
rise
in quarterly revenue when it reports  results on October 26. 
    * The Harrisburg Pennsylvania-based  company is expected to
report
 a 22.8% increase in revenue to $104.665 million from $85.25
million a year ago, according to the mean estimate from 8
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Hersha Hospitality
Trust
is for a loss of 17 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 6
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 0.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Hersha
Hospitality Trust is $11.5​, above​ its last closing price
of $8.27. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2022  0.46        0.47       0.56      Beat    19.9
 Mar. 31 2022  -0.03       -0.03      0.06      Beat    314.3
 Dec. 31 2021  0.11        0.10       0.20      Beat    95.5​
 Sep. 30 2021  0.05        0.03       0.11      Beat    233.3
 ​​Jun.        -0.20       -0.20      -0.04     Beat    79.8
 30 2021                                                
 Mar. 31 2021  -0.46       -0.47      -0.36     Beat    23.9​
 Dec. 31 2020  -0.41       -0.39      -0.23     Beat    41.4
 Sep. 30 2020  -0.46       -0.44      -0.46     Missed  -3.6
 This summary was machine generated October 25 at 00:59 GMT.  All
figures in US dollars  unless otherwise stated