GreenTree Hospitality Group Ltd. (NYSE:GHG) is expected to report second quarter earnings results, after market close, on Thursday 13th August 2020.
Analysts polled by Thomson Reuters anticipate second quarter income of $ 0.11 per share.
Looking ahead, the full year income are expected at $ 0.41 per share on the revenues of $ 136.94 million.
The Company Outlook
Revenue for 2Q20 are expected in a range of $ 30.84 million ~ $ 32.84 million
Full Year 2020 topline are forecasted in a range of$ 133.30 million ~ $ 141.14 million
Click Here For More Historical Outlooks Of GreenTree Hospitality Group Ltd.
Previous Quarter Performance
GreenTree Hospitality Group Ltd. reported income for the first quarter of $ 0.04 per share, from the revenue of $ 22.23 million. The quarterly earnings lowered 78.95 percent while revenues shrunk 34.98 percent compared with the same quarter last year.
Street analysts expected GreenTree Hospitality Group Ltd. to report income of $ 0.01 per share on revenue of $ 22.63 million for the first quarter. The bottom line results beat street analysts by $ 0.03 or 300.00 percent, at the same time, top line results fell short of analysts by $ 0.4 million or 1.77 percent.
Historical Earnings Performance
wpDataChart with provided ID not found! wpDataTable with provided ID not found!Click Here For More Historical Earnings Of GreenTree Hospitality Group Ltd.
Stock Performance
According to the previous trading day, closing price of GHG was $ 13.10, representing a 39.66 % increase from the 52 week low of $ 9.38 and a 13.65 % decrease over the 52 week high of $ 15.17.
The company has a market capital of $ 1.34 billion and is part of the Consumer Cyclical sector and Lodging industry.
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GreenTree Hospitality Group Ltd., through its subsidiaries, operates as a franchised hotel operator in the Peoples Republic of China. The company operates hotels under the brand names of GreenTree Eastern, Gme, Gya, VX, GreenTree Inns, GT Alliance, Vatica, and Shell. As of December 31, 2018, it had 29 leased-and-operated hotels and 2,728 franchised-and-managed hotels with 221,529 rooms in 290 cities.
