Brokerages Expect Condor Hospitality Trust, Inc. (CDOR) to Announce $0.28 Earnings Per Share

Analysts expect Condor Hospitality Trust, Inc. (NASDAQ:CDOR) to announce earnings per share (EPS) of $0.28 for the current fiscal quarter, Zacks reports. Three analysts have issued estimates for Condor Hospitality Trust’s earnings. The lowest EPS estimate is $0.25 and the highest is $0.31. Condor Hospitality Trust reported earnings of $0.29 per share in the same quarter last year, which would suggest a negative year-over-year growth rate of 3.4%. The business is scheduled to issue its next quarterly earnings report on Wednesday, May 8th.

According to Zacks, analysts expect that Condor Hospitality Trust will report full-year earnings of $1.05 per share for the current year, with EPS estimates ranging from $0.99 to $1.21. For the next fiscal year, analysts forecast that the company will report earnings of $1.07 per share, with EPS estimates ranging from $0.91 to $1.28. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side analysts that cover Condor Hospitality Trust.

Separately, DA Davidson reissued a “buy” rating on shares of Condor Hospitality Trust in a research report on Tuesday, March 12th.

CDOR stock opened at $9.44 on Tuesday. Condor Hospitality Trust has a 1 year low of $6.10 and a 1 year high of $11.32.

About Condor Hospitality Trust

Condor Hospitality Trust, Inc (NYSE American: CDOR) is a self-administered real estate investment trust that specializes in the investment and ownership of upper midscale and upscale, premium-branded, select-service, extended-stay, and limited-service hotels in the top 100 Metropolitan Statistical Areas (“MSAs”) with a particular focus on the top 20 to 60 MSAs.

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