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

Reuters

Nov 05, 2024

* Service Properties Trust 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)

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(SAL represents Total Revenue)</p><p>   * LSEG's mean analyst estimate for Service Properties Trust is for a loss of 24 cents per share. </p><p>   * 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.\"  </p><p>   * The mean earnings estimate of analysts was unchanged in the last three months. </p><p>   * Wall Street's median 12-month price target for Service Properties Trust is $5.50, above its last closing price of $3.15. </p><p>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. 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