Sotherly Hotels Inc reports results for the quarter ended in March - Earnings Summary

Sotherly Hotels

12/05/2022 14:31

* Sotherly Hotels Inc  SOHO.OQ  reported a quarterly
adjusted loss
of 15 cents​​ per share for the quarter ended in March. The lone
analyst forecast for the quarter was for a loss of 7 cents per
share.
    * Revenue rose 69.4% to $38.35 million from a year ago; 
analysts
expected $42.55 million. 
    * Sotherly Hotels Inc's reported EPS for the quarter was a
loss
of 15 cents​.
    * The mean earnings estimate of analysts had fallen by
about 5% in
the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Sotherly Hotels Inc shares had fallen by 17.0% this
quarter and
lost 18.2% so far this year.
    * The company reported a quarterly loss of $2.51 million.
    * Wall Street's median 12-month price target for Sotherly
Hotels
Inc is $3.25 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 12 at 01:31 p.m.  ​All
figures in US dollars unless otherwise stated