Hersha Hospitality Trust expected to post a loss of 65  cents a share - Earnings Preview

Hersha Hospitality Trust

25/04/2022 23:58

* Hersha Hospitality Trust  HT.N   HT  is expected to show a
rise
in quarterly revenue when it reports  results on April 27. 
    * The Harrisburg Pennsylvania-based  company is expected to
report
 a 76.6% increase in revenue to $83.279 million from $47.17
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 65 cents per share. For the same quarter last
year, the company reported a loss of $1.02 per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 7
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had risen by
about 22.7%
in the last three months. ​
    * Wall Street's median 12-month price target for Hersha
Hospitality Trust is $11​, above​ its last closing price
of $9.79. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2021  -0.20       -0.20      -0.04     Beat    79.8​
 Mar. 31 2021  -0.46       -0.47      -0.36     Beat    23.9
 ​​Dec.        -0.41       -0.39      -0.23     Beat    41.4
 31 2020                                                
 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
 This summary was machine generated April 25 at 22:58 GMT.  All
figures in US dollars  unless otherwise stated