LuxUrban Hotels Inc expected to post a loss of 10 cents a share - Earnings Preview

Luxurban Hotels

09/08/2024 04:23

* LuxUrban Hotels Inc  LUXH.OQ   LUXH.O  is expected to show
a
fall in quarterly revenue when it reports  results on August 13
(estimated) for the period ending June 30 2024
    * The Miami Florida-based  company is expected to report a
17.3% decrease in revenue to $26.35 million from $31.86 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for LuxUrban Hotels Inc is
for a
loss of 10 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "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 LuxUrban
Hotels
Inc is $6.00​, above​ its last closing price of $0.10. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.03        0.03       -0.05     Missed  -266.7
 Dec. 31 2024  0.06        0.09       -0.09     Missed  -200
 Sep. 30 2023  0.12        0.12       0.12      Met     0​
 Jun. 30 2023  0.01        0.05       0.21      Beat    366.7
 ​​Mar.        0.04        0.04       0.08      Beat    100
 31 2023                                                
 Dec. 31 2022  -0.02       -0.02      0.01      Beat    150​
 This summary was machine generated August 9 at 03:23 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)