Hersha Hospitality Trust expected to post earnings of 3 cents a share - Earnings Preview

Hersha Hospitality Trust

22/10/2021 21:02

* 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 146.9% increase in revenue to $83.315 million from
$33.75 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 54 cents per share. For the same quarter
last year, the company reported a loss of $1.27 per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"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 18.8% above​ its last closing
price of $8.93. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 30 2020  -0.46       -0.44      -0.46     Missed  -3.6
 Jun.          -0.55​      -0.54      -0.62     Missed  -14.2​
 30​ 2020​                                              
 Mar. 31 2020  -0.02       -0.01      -0.06     Missed  -725.3
                                                        ​
 Dec. 31 2019  0.53        0.53       0.51      Missed  -3.6
 Sep. 30 2019  0.58        0.58       0.53      Missed  -9.2
 This summary was machine generated October 22 at 20:02 GMT.  All
figures in US dollars unless otherwise stated