Chatham Lodging Trust

CLDT

US16208T1025

Specialized REITs

Market Closed - Nyse Other stock markets 16:00:02 2024-05-17 EDT			5-day change	1st Jan Change
9.02 ^USD	-0.44%		-0.11%	-15.86%

05-06	Transcript : Chatham Lodging Trust, Q1 2024 Earnings Call, May 06, 2024
05-06	Earnings Flash (CLDT) CHATHAM LODGING TRUST Posts Q1 Revenue $68.4M	MT

Chatham Lodging Trust Reports Earnings Results for the First Quarter Ended March 31, 2024

May 06, 2024 at 06:30 am

Chatham Lodging Trust reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 62.48 million compared to USD 61.67 million a year ago. Revenue was USD 68.44 million compared to USD 67.61 million a year ago.

Net loss was USD 5.23 million compared to USD 4.85 million a year ago. Basic loss per share from continuing operations was USD 0.15 compared to USD 0.14 a year ago. Diluted loss per share from continuing operations was USD 0.15 compared to USD 0.14 a year ago.

Latest news about Chatham Lodging Trust

Transcript : Chatham Lodging Trust, Q1 2024 Earnings Call, May 06, 2024	05-06
Earnings Flash (CLDT) CHATHAM LODGING TRUST Posts Q1 Revenue $68.4M	05-06	MT
Chatham Lodging Trust Reports Earnings Results for the First Quarter Ended March 31, 2024	05-06	CI
North American Morning Briefing : Stock Futures -2-	05-06	DJ
Barclays Trims Price Target on Chatham Lodging Trust to $12 From $13, Maintains Overweight Rating	04-17	MT
Lodging REIT Quarterly Results Likely Benefitted From Upper Upscale Chain Strength, Oppenheimer Says	04-05	MT
Chatham Lodging Trust Keeps Quarterly Dividend at $0.07 a Share, Payable April 15 to Shareholders of Record March 28	03-13	MT
Transcript : Chatham Lodging Trust, Q4 2023 Earnings Call, Feb 27, 2024	02-27
(CLDT) CHATHAM LODGING TRUST Sees Q1 EPS Range $0.10 - $0.14	02-27	MT
Earnings Flash (CLDT) CHATHAM LODGING TRUST Reports Q4 Revenue $72.3M	02-27	MT
Chatham Lodging Trust Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	02-27	CI
North American Morning Briefing : Stock Futures -2-	02-27	DJ
B. Riley Trims Chatham Lodging Trust (REIT)'s Price Target to $13 From $14, Keeps Buy Rating	11-06	MT
Transcript : Chatham Lodging Trust, Q3 2023 Earnings Call, Nov 02, 2023	11-02
Earnings Flash (CLDT) CHATHAM LODGING TRUST Reports Q3 Revenue $86.7M	11-02	MT
Chatham Lodging Trust Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	11-02	CI
Chatham Lodging Trust Maintains Quarterly Dividend at $0.07 a Share, Payable Oct. 16 to Shareholders as of Sept. 29	23-09-06	MT
B. Riley Trims Chatham Lodging Trust (REIT)'s PT to $14 From $15, Lowers Adjusted Funds From Operations/Share Outlook; Keeps Buy Rating	23-08-07	MT
Transcript : Chatham Lodging Trust, Q2 2023 Earnings Call, Aug 02, 2023	23-08-02
Earnings Flash (CLDT) CHATHAM LODGING TRUST Posts Q2 Revenue $84.5M	23-08-02	MT
Chatham Lodging Trust Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-02	CI
Lodging REITs Likely to Log Softer Results Amid Slowing Business Fundamentals, Oppenheimer Says	23-07-05	MT
Oppenheimer Adjusts Chatham Lodging Trust Price Target to $12 From $14, Maintains Outperform Rating	23-07-05	MT
Chatham Lodging Trust(NYSE:CLDT) dropped from Russell 2000 Value-Defensive Index	23-06-23	CI
Chatham Lodging Trust(NYSE:CLDT) dropped from Russell 2000 Defensive Index	23-06-23	CI

Chart Chatham Lodging Trust

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Company Profile

Chatham Lodging Trust is a real estate investment trust (REIT). The Company is focused primarily on investing in upscale, extended-stay hotels and premium branded, select-service hotels. All of the Company's assets are held by, and all of its operations are conducted through Chatham Lodging, L.P. (the Operating Partnership). The Company owns approximately 38 hotels totaling 5,735 rooms/suites in 16 states and the District of Columbia. The Company invests in premium select-service hotels, such as Courtyard by Marriott, Hampton Inn, Hampton Inn and Suites by Hilton, Hyatt Place and Hilton Garden Inn by Hilton. The service and amenity offerings of these hotels typically include complimentary breakfast and evening hospitality hour, high-speed Internet access, in-room movie channels, limited meeting space, linen and room cleaning service, 24-hour front desk, guest grocery services, and an on-site maintenance staff.

Sector

Specialized REITs

Calendar

2024-07-30 - Q2 2024 Earnings Release (Projected)

Related indices

Russell 2000

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Ratings for Chatham Lodging Trust

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

9.02 USD

Average target price

12.12 USD

Spread / Average Target

+34.42%

Consensus

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