Preview: Braemar Hotels & Resorts's Earnings

Braemar Hotels & Resorts BHR is set to give its latest quarterly earnings report on Wednesday, 2023-02-22. Here's what investors need to know before the announcement.

Analysts estimate that Braemar Hotels & Resorts will report an earnings per share (EPS) of $-0.18.

Braemar Hotels & Resorts 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 Braemar Hotels & Resorts's past performance and the resulting price change:

Stock Performance

Shares of Braemar Hotels & Resorts were trading at $4.78 as of February 20. Over the last 52-week period, shares are down 18.55%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.

To track all earnings releases for Braemar Hotels & Resorts visit their earnings calendar on our site.

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