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

Hersha Hospitality Trust

28/04/2022 24:59

* Hersha Hospitality Trust  HT.N  reported a quarterly
adjusted
loss of 58 cents​​ per share for the quarter ended in March. The
mean expectation of three analysts for the quarter was for a
loss of 65 cents per share.
    * Revenue rose 73.6% to $81.87 million from a year ago; 
analysts
expected $83.28 million. 
    * Hersha Hospitality Trust's reported EPS for the quarter
was a
loss of 58 cents​.
    * The mean earnings estimate of analysts had risen by
about 51.3%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Hersha Hospitality Trust shares had risen by 5.8% this
quarter and gained 4.8% so far this year.
    * The company reported a quarterly loss of $22.56 million.
    * Wall Street's median 12-month price target for Hersha
Hospitality Trust is $11.00 
    * 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." 

This summary was machine generated April 27 at 11:59 p.m.  ​All
figures in US dollars unless otherwise stated