Sotherly Hotels Inc. (NASDAQ:SOHO) is reporting first quarter earnings results on Wednesday 24th June 2020, before market open.
The consensus estimates from Thomson Reuters are loss of $ 0.15 per share.
For the full year, analysts predict revenues of $ 66.25 million, while looking forward to loss of $ 2.02 per share.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 184.11 million ~ $ 188.21 million, where as bottomline are predicted in a range of $ 1.00 ~ $ 1.06 per share
Historical Earnings Performance
The pervious quarter 4Q19 results missed wall street view, the report interpreted loss of $ 0.27 per share from the top line of $ 44.30 million, analysts anticipated loss of $ 0.23 per share
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Stock Performance
According to the previous trading day, closing price of SOHO was $ 2.96, representing a 106.99 % increase from the 52 week low of $ 1.43 and a 60.11 % decrease over the 52 week high of $ 7.42.
The company has a market capital of $ 43.88 million and is part of the Real Estate sector and REIT – Hotel & Motel industry.
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Conference Call
Sotherly Hotels Inc. will be hosting a conference call at 10:00 AM eastern time on 24th June 2020, to discuss its 1Q20 financial results with the investment community. The participants may dial, 1-888-339-0107 or 1-877-344-7529 (International), and the passcode is 10144703 in order to access the live audio call. A live webcast with presentations will be available on the Internet by visiting the Company website 78449.choruscall.com/dataconf/productusers/soho/mediaframe/38543/indexr.html
Sotherly Hotels Inc. is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Currently, the Companys portfolio consists of investments in twelve hotel properties, comprising 3,156 rooms, and an interest in the Hyde Resort & Residences, a luxury condo hotel.
