Chatham Lodging Trust: Here’s What Investors Need to Know Before Earnings
Chatham Lodging Trust (NYSE:CLDT) will report earnings after markets close on Tuesday, May 7th. Chatham Lodging Trust is a self-advised hotel investment company. The Company invests in upscale extended-stay, select-service, and full service hotels.
Here is your Cheat Sheet to Chatham Lodging Trust (reit) Earnings:
Earnings Expectations: Analysts expect earnings of $0.26 per share on revenues of $25.76 million.
Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.49 to a profit $0.5. For the current year, the average estimate is a profit of $1.62, which is the same as the estimate ninety days ago.
Here’s how Chatham Lodging Trust (reit) has been performing on an annual basis:
|Revenue ($) in millions||21.74||25.47||73.10||100.46|
|Diluted EPS ($)||-0.20||-0.69||-0.12|
Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:
|Quarter||Dec. 31, 2011||Mar. 31, 2012||Jun. 30, 2012||Sep. 30, 2012||Dec. 31, 2012|
|Revenue ($) in millions||22.13||22.83||26.36||27.00||24.28|
|Diluted EPS ($)||-0.4498||-0.13||0.08||0.10||-0.1718|
Chatham Lodging Trust (reit) has beat analyst estimates 1 time in the past four quarters. This is not consistent enough to get bullish yet.
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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)