Service Properties Trust expected to post a loss of 20 cents a share - Earnings Preview

Service Properties Trust

25/02/2023 03:01

* Service Properties Trust  SVC.OQ   SVC.O  is expected
to show a
rise in quarterly revenue when it reports  results on February
28. 
    * The Newton Massachusetts-based  company is expected to
report  a
5.6% increase in revenue to $444.867 million from $421.38
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 20 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and 2 "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 $9.75​, below​ its last closing price
of $10.65. ​​​

The company's guidance on November 4 2022 for the period ended
December 31 was for Capital Expenditures between USD40 million
and USD45 million.
This summary was machine generated February 25 at 03:01 GMT. 
All figures in US dollars  unless otherwise stated