Service Properties Trust expected to post a loss of 2 cents a share - Earnings Preview

Service Properties Trust

05/08/2023 02:04

* Service Properties Trust  SVC.OQ   SVC.O  is expected
to show a
fall in quarterly revenue when it reports  results on August 7. 
    * The Newton Massachusetts-based  company is expected to
report  a
3.1% decrease in revenue to $499.65 million from $515.78 million
a year ago, according to the mean estimate from 3 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Service Properties
Trust
is for a loss of 2 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 1 "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 Service
Properties Trust is $10.75​, above​ its last closing price
of $8.21. ​​​

This summary was machine generated August 5 at 01:04 GMT.  All
figures in US dollars  unless otherwise stated