Chatham Lodging Trust CLDT.N, CLDT.K is expected to show a rise in quarterly revenue when it reports results on February 26 for the period ending December 31 2024
The Palm Beach Florida-based company is expected to report a 3.3% increase in revenue to $74.647 million from $72.28 million a year ago, according to the mean estimate from 4 analysts, based on LSEG data.The company's guidance on November 7 2024, for the period ended December 31, was for revenue between $74.08 million and $75.38 million.
LSEG's mean analyst estimate for Chatham Lodging Trust is for a loss of 14 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 2 "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 Chatham Lodging Trust is $11.75, above its last closing price of $8.11.
The company's guidance on November 7 2024 for the period ended December 31 was for Earnings before Interest, Taxes, Depreciation and Amortization of between USD74.08 million and USD20.73 million.The company's guidance on November 7 2024 for the period ended December 31 was for Funds Flow from Operations between USD0.15 and USD0.18.
This summary was machine generated February 24 at 13:52 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)