Service Properties Trust expected to post a loss of 24 cents a share - Earnings Preview

Service Properties Trust

05/11/2024 24:01

* Service Properties Trust  SVC.OQ   SVC.O  is expected
to show a
rise in quarterly revenue when it reports  results on November 6
for the period ending September 30 2024
    * The Newton Massachusetts-based  company is expected to
report a
0.0% increase in revenue to $497.001 million from $496.83
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data. (SAL represents Total Revenue)
    * ​LSEG's mean analyst estimate for Service Properties Trust
is
for a loss of 24 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 $5.50​, above​ its last closing price
of $3.15. ​​​

This summary was machine generated November 5 at 00:01 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)