$0.21 Earnings Per Share Expected for Condor Hospitality Trust, Inc. (NASDAQ:CDOR) This Quarter
Wall Street analysts expect Condor Hospitality Trust, Inc. (NASDAQ:CDOR) to post $0.21 earnings per share for the current fiscal quarter, according to Zacks. Three analysts have made estimates for Condor Hospitality Trust’s earnings, with the lowest EPS estimate coming in at $0.19 and the highest estimate coming in at $0.23. Condor Hospitality Trust reported earnings of $0.18 per share during the same quarter last year, which would indicate a positive year over year growth rate of 16.7%. The business is expected to issue its next earnings report on Monday, November 11th.
According to Zacks, analysts expect that Condor Hospitality Trust will report full year earnings of $1.06 per share for the current financial year, with EPS estimates ranging from $1.01 to $1.12. For the next fiscal year, analysts expect that the firm will report earnings of $1.10 per share, with EPS estimates ranging from $1.02 to $1.17. Zacks’ earnings per share averages are an average based on a survey of research firms that that provide coverage for Condor Hospitality Trust.
CDOR stock traded up $0.03 during midday trading on Friday, hitting $11.09. 29,644 shares of the stock were exchanged, compared to its average volume of 35,824. The stock’s 50-day moving average is $11.02. Condor Hospitality Trust has a fifty-two week low of $6.10 and a fifty-two week high of $11.32.
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.
Read More: Which market index is the best?
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Condor Hospitality Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Condor Hospitality Trust and related companies with MarketBeat.com's FREE daily email newsletter.