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CLDTBearishEarningsnews
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Chatham Lodging (CLDT) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates

May 6, 2024, 10:38 AM EDT1 sourcesAI-analyzed

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What happened, with direct paths to the underlying reporting

- CLDT reported revenue of $68.44 million, up 1.2% year-over-year, and EPS of $0.16. - The revenue was lower than the Zacks Consensus Estimate by -0.50%, while EPS beat estimates by +23.08%. - Key metrics such as revenue from room and net income showed mixed results compared to estimates. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • CLDT reported revenue of $68.44 million, up 1.2% year-over-year, and EPS of $0.16.
  • The revenue was lower than the Zacks Consensus Estimate by -0.50%, while EPS beat estimates by +23.08%.
  • Key metrics such as revenue from room and net income showed mixed results compared to estimates.

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