LaSalle Hotel Properties LHO announces its next round of earnings Tuesday. Here is Benzinga's everything-that-matters guide for today's Q4 earnings announcement.
Earnings and Revenue
Analysts predict LaSalle Hotel Properties will report earnings of 15 cents per share on revenue of $263.97 million.
In the same quarter last year, LaSalle Hotel Properties posted EPS of 62 cents per share on sales of $289.49 million. Analysts estimate would represent a 75.81 percent decrease in the company's earnings. Sales would be down 8.82 percent from the year-ago period.
Here's how the company's reported EPS has stacked up against analyst estimates in the past:
Quarter | Q3 2017 | Q2 2017 | Q1 2017 | Q4 2016 |
EPS Estimate | 0.35 | 0.44 | 0.01 | 0.18 |
EPS Actual | 0.68 | 0.81 | 0.45 | 0.62 |
Stock Performance
Over the last 52-week period, shares are down -5.73 percent. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.
Over the past 90 days, analysts have adjusted their estimates lower for EPS and revenues. The average rating by analysts on LaSalle Hotel Properties stock is a Neutral. The strength of this rating has risen over the past 90 days.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.