FelCor Lodging Trust, Inc. Second Quarter Earnings Sneak Peek

FelCor Lodging Trust, Inc. (NASDAQ:FCH) will unveil its latest earnings on Tuesday, August 2, 2011. Felcor Lodging Trust, Inc. is a real estate investment trust, which is engaged in hospitality business.

FelCor Lodging Trust, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 16 cents per share, a rise of 60% from the company’s actual earnings for the same quarter a year ago. The average estimate is the same as three months ago. Between one and three months ago, the average estimate was unchanged and it has not changed during the last month. For the year, analysts are projecting profit of 30 cents per share, a swing from net loss of 9 cents last year.

Past Earnings Performance: The company is looking to top estimates for the third straight quarter. Last quarter, it reported a loss of 2 cents per share against a mean estimate of net loss of 4 cents, and the quarter before, the company exceeded forecasts by 3 cents with a loss of 4 cents versus a mean estimate of net loss of 7 cents.

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Wall St. Revenue Expectations: On average, analysts predict $267.6 million in revenue this quarter, a rise of 6.9% from the year ago quarter. Analysts are forecasting total revenue of $1.01 billion for the year, a rise of 8.8% from last year’s revenue of $928.3 million.

Analyst Ratings: Analysts seem relatively indifferent about FelCor Lodging Trust with six of eight analysts surveyed maintaining a hold rating.

Key Stats:

Revenue has risen the past four quarters. Revenue increased 3.9% to $233.7 million in first quarter. The figure rose 13.9% in the fourth quarter of the last fiscal year from the year earlier, climbed 5.2% in the third quarter of the last fiscal year from the year-ago quarter and 22.4% in the second quarter of the last fiscal year.

Competitors to Watch: Morgans Hotel Group Co. (NASDAQ:MHGC), InnSuites Hospitality Trust (AMEX:IHT), DiamondRock Hospitality Co. (NYSE:DRH), Chatham Lodging Trust (NYSE:CLDT), Sunstone Hotel Investors, Inc (NYSE:SHO), Hersha Hospitality Trust (NYSE:HT), Pebblebrook Hotel Trust (NYSE:PEB), LaSalle Hotel Properties (NYSE:LHO), Hospitality Properties Trust (NYSE:HPT), and Supertel Hospitality Inc. (NASDAQ:SPPR).

Stock Price Performance: During May 2, 2011 to July 27, 2011, the stock price had fallen $1.14 (-18.2%) from $6.26 to $5.12. The stock price saw one of its best stretches over the last year between June 24, 2011 and July 6, 2011 when shares rose for eight-straight days, rising 13.2% (+69 cents) over that span. It saw one of its worst periods between July 19, 2011 and July 27, 2011 when shares fell for seven-straight days, falling 7.2% (-40 cents) over that span. Shares are down $1.92 (-27.3%) year to date.

(Source: Xignite Financials)

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