Sotherly Hotels (NASDAQ:SOHO) – Earnings Outlook for Sotherly Hotels
Hotels in Sotherly (NASDAQ:SOHO) is scheduled to release its latest quarterly earnings report on Thursday, 03/03/2022. Here’s what investors need to know ahead of the announcement.
Analysts believe that Sotherly Hotels will report a earnings per share (EPS) of -$0.39.
Sotherly Hotels bulls are hoping to hear the company announce that it not only exceeded that estimate, but also provide some positive indications or expected growth for the next quarter.
New investors should note that sometimes it’s not an earnings beat or miss that most affects a stock’s price, but direction (or forecast).
Here is an overview of Sotherly Hotels past performance and the resulting price change:
|Trimester||Q3 2021||Q2 2021||Q1 2021||Q4 2020|
|Price change %||-4.68%||-2.16%||7.12%||-1.41%|
Shares of Sotherly Hotels were trading at $2.25 as of March 1. Over the past 52-week period, shares are down 34.65%. Since these returns are typically negative, long-term shareholders are likely a little upset as this earnings release approaches.
If you want to keep track of all upcoming revenue announcements, check out our revenue calendar here