Brokerages Anticipate Condor Hospitality Trust, Inc. (NASDAQ:CDOR) to Announce $0.32 Earnings Per Share
Wall Street brokerages forecast that Condor Hospitality Trust, Inc. (NASDAQ:CDOR) will announce $0.32 earnings per share for the current quarter, Zacks Investment Research reports. Three analysts have provided estimates for Condor Hospitality Trust’s earnings. The highest EPS estimate is $0.35 and the lowest is $0.28. Condor Hospitality Trust posted earnings per share of $0.34 during the same quarter last year, which suggests a negative year over year growth rate of 5.9%. The company is expected to issue its next quarterly earnings report on Tuesday, August 6th.
According to Zacks, analysts expect that Condor Hospitality Trust will report full-year earnings of $1.03 per share for the current financial year, with EPS estimates ranging from $0.99 to $1.12. For the next year, analysts anticipate that the business will post earnings of $1.03 per share, with EPS estimates ranging from $0.91 to $1.17. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that follow Condor Hospitality Trust.
NASDAQ CDOR traded down $0.42 on Monday, reaching $8.26. The stock had a trading volume of 8,140 shares, compared to its average volume of 10,480. The stock’s fifty day moving average is $9.23. Condor Hospitality Trust has a 1-year low of $6.10 and a 1-year high of $11.32.
Condor Hospitality Trust, Inc (NYSE American: CDOR) is a self-administered real estate investment trust that specializes in the investment and ownership of upper midscale and upscale, premium-branded, select-service, extended-stay, and limited-service hotels in the top 100 Metropolitan Statistical Areas (MSAs) with a particular focus on the top 20 to 60 MSAs.
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