Sotherly Hotels Inc expected to post earnings of 22centsa share - Earnings Preview

Sotherly Hotels

09/05/2023 18:02

* Sotherly Hotels Inc  SOHO.OQ   SOHO.O  is expected to show
a
rise in quarterly revenue when it reports  results on May 11. 
    * The Williamsburg Virginia-based  company is expected to
report 
a 15.5% increase in revenue to $44.3 million from $38.35 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. The company's guidance on March 2 2023, for the
period ended March 31, was for revenue between $42.31 million
and $44.35 million.
    * ​Refinitiv's mean analyst estimate for Sotherly Hotels Inc
is
for earnings of 22 cents per share. 
    * The one available analyst rating on the shares is
"hold".  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Sotherly
Hotels
Inc is $2.5​, above​ its last closing price of $1.87. ​​​

The company's guidance on March 2 2023 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between USD42.31 million and USD10.6
million.The company's guidance on March 2 2023 for the period
ended March 31 was for Funds Flow from Operations between
USD0.21 and USD0.24.
This summary was machine generated May 9 at 17:02 GMT.  All
figures in US dollars  unless otherwise stated