Hersha Hospitality Trust expected to post a loss of 50  cents a share - Earnings Preview

Hersha Hospitality Trust

14/02/2022 22:52

* Hersha Hospitality Trust  HT.N   HT  is expected to show a
rise
in quarterly revenue when it reports  results on February 16. 
    * The Harrisburg Pennsylvania-based  company is expected to
report
 a 150.6% increase in revenue to $88.551 million from $35.34
million a year ago, according to the mean estimate from 10
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Hersha Hospitality
Trust
is for a loss of 50 cents per share. For the same quarter last
year, the company reported a loss of $1.14 per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 7
"hold" and 2 "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 $10​, about 5.9% above​ its last closing
price of $9.41. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2021  0.05        0.03       0.11      Beat    233.3
 Jun. 30 2021  -0.20       -0.20      -0.04     Beat    79.8
 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.        -0.46       -0.44      -0.46     Missed  -3.6
 30 2020                                                
 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. 31 2019  0.53        0.53       0.51      Missed  -3.6
 This summary was machine generated February 14 at 22:52 GMT. 
All figures in US dollars  unless otherwise stated