Mark your calendars for Tuesday 5th November 2024, as Ashford Hospitality Trust (NYSE: AHT) is set to unveil its third quarter financial results. This highly anticipated announcement will be made after market close, giving investors and market participants a chance to assess the company's financial performance.
According to the predictions of financial experts on Wall Street, the firm is set to unveil an estimated $0.97 loss per share for the quarter. Additionally, the company is expected to report a total revenue of $316.48 million for the specific period.
In the same three months of the year before, the company made income of $0.08 per share, as shown in their financial report. This number came from the total revenue of $343.01 million that the company earned in that particular quarter.
The company's yearly performance has been analyzed by Wall Street analysts, who have projected a total revenue of $1.15 billion. Moreover, they anticipate the company to disclose loss of $3.75 per share for the fiscal year.
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In addition, The firm will review the third quarter financial results on 6th November 2024 at 11:00 AM eastern time, in a conference call with public.
Ashford Hospitality Trust (AHT) shares experienced a range of $6.65 to $6.94 on a day volume of 23.70 thousand shares. The stock closed Friday's regular trading session at $6.65, marking a 8.02 percent decline.