Service Properties Trust reports results for the quarter ended in September - Earnings Summary

Service Properties Trust

04/11/2022 02:38

* Service Properties Trust  SVC.OQ  reported quarterly
adjusted
earnings of 5 cents​​ per share for the quarter ended in
September. The lone analyst forecast for the quarter was for a
loss of 14 cents per share.
    * Revenue rose 14% to $498.25 million from a year ago;
analysts
expected $496.97 million. 
    * Service Properties Trust's reported EPS for the quarter
was 5
cents​.
    * The mean earnings estimate of analysts had risen by
about 17.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Service Properties Trust shares had risen by 48.4% this
quarter and lost 12.4% so far this year.
    * The company reported quarterly net income of $7.5 million.
    * Wall Street's median 12-month price target for Service
Properties Trust is $8.00 
    * 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." 

This summary was machine generated from Refinitiv data November
4 at 02:38 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.50           0.54           Beat
 Jun. 30 2022      0.37           0.54           Beat
 Mar. 31 2022      0.17           -0.02          Missed
 Dec. 31 2021      0.21           0.17           Missed