Service Properties Trust (NASDAQ: SVC) has announced that it will be unveiling its third quarter financial results on Wednesday 6th November 2024. This announcement is set to occur after market close, allowing investors and analysts to gain valuable insights into the company's performance during the quarter.
According to predictions from financial analysts on Wall Street, the enterprise is expected to report an estimated per share $0.24 loss for the quarter. Furthermore, the company is anticipated to unveil a total revenue of $497 million during this period.
Wall Street analysts have revealed their forecasts for the company's annual performance, predicting a total revenue of $1.88 billion. Additionally, they expect the company to report per share loss of $1.13 for the fiscal year.
When examining the earnings report from the corresponding quarter of the previous year, it is evident that the company showcased per-share income of $0.56. This numbers can be credited to the company's total revenue, which amounted to an impressive $496.83 million during the same quarter.
Additionally, The company will host a conference call with investors and analysts on 7th November 2024 at 10:00 AM eastern time to review the Q3 2024 financial results.
Service Properties Trust (SVC) closed Friday's regular trading session at $3.15, showing a 1.56 percent drop, with a volume of 2.17 million shares.
