Hersha Hospitality Trust expected to post a loss of 20 cents a share - Earnings Preview

Hersha Hospitality Trust

24/07/2021 24:22

* Hersha Hospitality Trust  HT.N   HT  is expected to show a
rise in quarterly revenue when it reports results on July 27. 
* The Harrisburg, Pennsylvania-based company is expected to
report   a 269.6% increase in revenue to $64.46 million from
$17.44 million a year ago, according to the mean estimate from 9
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Hersha Hospitality
Trust is for a loss of 86 cents per share. For the same quarter
last year, the company reported a loss of $1.72 per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 1 "strong buy" or "buy," 6
"hold" and 4 "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 Hersha
Hospitality Trust is $11​, about 14.2% above​ its last closing
price of $9.44. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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​
 Jun. 30 2020  -0.55       -0.54      -0.62     Missed  -14.2
 Mar.          -0.02​      -0.01      -0.06     Missed  -725.3
 31​ 2020​                                              ​
 Dec. 31 2019  0.53        0.53       0.51      Missed  -3.6​
 Sep. 30 2019  0.58        0.58       0.53      Missed  -9.2
 Jun. 30 2019  0.80        0.81       0.77      Missed  -5
 This summary was machine generated July 23 at 23:22 GMT.  All
figures in US dollars unless otherwise stated