Hersha Hospitality Trust expected to post a loss of 47  cents a share - Earnings Preview

Hersha Hospitality Trust

27/04/2021 01:01

* Hersha Hospitality Trust  HT.N   HT  is expected to show
a fall in quarterly revenue when it reports results on April 28.
* The Harrisburg, Pennsylvania-based company is expected to
report  a 51.8% decrease in revenue to $43.441 million from
$90.14 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 79 cents per share. For the same quarter
last year, the company reported a loss of 76 cents 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 had fallen by
about 22.7% in the last three months.​
* Wall Street's median 12-month price target for Hersha
Hospitality Trust is $10.25​, about 2.9% below​ its last closing
price of $10.55. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  -0.02       -0.01      -0.06     Missed  -725.3
 Dec.          0.53​       0.53       0.51      Missed  -3.6​
 31​ 2019​                                              
 Sep. 30 2019  0.58        0.58       0.53      Missed  -9.2​
 Jun. 30 2019  0.80        0.81       0.77      Missed  -5
 Mar. 31 2019  0.13        0.13       0.15      Beat    17.9
 This summary was machine generated April 27 at 00:01 GMT.  All
figures in US dollars unless otherwise stated