Hersha Hospitality Trust reports results for the quarter ended in March - Earnings Summary

Hersha Hospitality Trust

29/04/2021 20:13

* Hersha Hospitality Trust  HT.N  reported a quarterly adjusted
loss of $1.02​​ per share for the quarter ended in March. The
mean expectation of three analysts for the quarter was for a
loss of 79 cents per share.
* Revenue fell 47.7% to $47.17 million from a year ago​; 
analysts expected $44.07 million.
* Hersha Hospitality Trust's reported EPS for the quarter was 7
cents​.
* The mean earnings estimate of analysts had fallen by
about 62.4% in the last three months.​ 
* In the last 30 days one analyst negatively revised an earnings
estimate and  
* Hersha Hospitality Trust shares had risen by 4.5% this
quarter and gained 39.7% so far this year.
* The company reported quarterly net income of $2.88 million.
* Wall Street's median 12-month price target for Hersha
Hospitality Trust is $10.50 
* 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." 
This summary was machine generated April 29 at 07:13 p.m. GMT.
​All figures in US Dollars.​