Service Properties Trust expected to post a loss of 29 cents a share - Earnings Preview

Service Properties Trust

06/05/2023 03:00

* Service Properties Trust  SVC.OQ   SVC.O  is expected
to show a
rise in quarterly revenue when it reports  results on May 8. 
    * The Newton Massachusetts-based  company is expected to
report  a
4.7% increase in revenue to $412.414 million from $393.76
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 29 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 had fallen by
about 3.1%
in the last three months. ​
    * Wall Street's median 12-month price target for Service
Properties Trust is $11.75​, above​ its last closing price
of $9.04. ​​​

This summary was machine generated May 6 at 02:00 GMT.  All
figures in US dollars  unless otherwise stated