Sotherly Hotels Inc. (NASDAQ:SOHO) will be hosting a conference call at 10:00 AM eastern time on 10th August 2020, to discuss its 2Q20 financial results with the investment community.
A live webcast with presentations will be available on the Internet by visiting the Company website www.sotherlyhotels.com
Earnings Expectation
Sotherly Hotels Inc. is reporting second quarter financial results on Monday 10th August 2020, before market open.
According to analysts surveyed by Thomson Reuters, SOHO is expected to report 2Q20 loss of $ 0.85 per share from revenue of $ 5.20 million.
For the full year, analysts anticipate top line of $ 81.65 million, while looking forward to loss of $ 2.92 per share bottom line.
The Company Outlook
Full Year 2020 topline are forecasted in a range of$ 184.11 million ~ $ 188.21 million, where as bottomline are predicted in a range of $ 1.00 ~ $ 1.06 per share
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Sotherly Hotels Inc. is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Currently, the Companys portfolio consists of investments in twelve hotel properties, comprising 3,156 rooms, and an interest in the Hyde Resort & Residences, a luxury condo hotel.