A Preview Of Hersha Hospitality's Earnings

Hersha Hospitality HT is set to give its latest quarterly earnings report on Wednesday, 2023-02-15. Here's what investors need to know before the announcement.

Analysts estimate that Hersha Hospitality will report an earnings per share (EPS) of $-0.08.

Hersha Hospitality bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Here's a look at Hersha Hospitality's past performance and the resulting price change:

Quarter Q3 2022 Q2 2022 Q1 2022 Q4 2021
EPS Estimate 0.1
EPS Actual 0.33 0.56 0.06 0.2
Price Change % 2.8% -3.73% 6.36% -1.63%

Stock Performance

Shares of Hersha Hospitality were trading at $9.36 as of February 13. Over the last 52-week period, shares are down 10.38%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

To track all earnings releases for Hersha Hospitality visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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