Braemar Hotels & Resorts Inc expected to post a loss of 48 cents a share - Earnings Preview

Reuters

Nov 05, 2024

* Braemar Hotels & Resorts Inc is expected to show a fall in quarterly revenue when it reports results on November 6 for the period ending September 30 2024

* The Dallas Texas-based company is expected to report a 3.2% decrease in revenue to $154.656 million from $159.8 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 Braemar Hotels & Resorts Inc is for a loss of 48 cents per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy," 3 "hold" and no "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 Braemar Hotels & Resorts Inc is $3.25, above its last closing price of $2.84.

This summary was machine generated November 5 at 00:35 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)   * LSEG's mean analyst estimate for Braemar Hotels & Resorts Inc is for a loss of 48 cents per share.    * The current average analyst rating on the shares is \"hold\" and the breakdown of recommendations is no \"strong buy\" or \"buy,\" 3 \"hold\" and no \"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 Braemar Hotels & Resorts Inc is $3.25, above its last closing price of $2.84. This summary was machine generated November 5 at 00:35 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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