Brokerages expect that GreenTree Hospitality Group Ltd – (NYSE:GHG) will announce earnings per share (EPS) of $0.18 for the current quarter, according to Zacks. Zero analysts have made estimates for GreenTree Hospitality Group’s earnings. The firm is scheduled to report its next quarterly earnings report on Monday, January 1st.
According to Zacks, analysts expect that GreenTree Hospitality Group will report full year earnings of $0.67 per share for the current year, with EPS estimates ranging from $0.65 to $0.69. For the next fiscal year, analysts expect that the company will post earnings of $0.87 per share. Zacks’ earnings per share calculations are a mean average based on a survey of sell-side research firms that that provide coverage for GreenTree Hospitality Group.
GreenTree Hospitality Group (NYSE:GHG) last announced its quarterly earnings results on Thursday, August 23rd. The company reported $0.15 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.15. The business had revenue of $35.27 million for the quarter.
NYSE GHG traded up $0.27 during trading on Monday, reaching $12.57. 82,813 shares of the company’s stock were exchanged, compared to its average volume of 91,248. GreenTree Hospitality Group has a fifty-two week low of $10.27 and a fifty-two week high of $25.10.
Several institutional investors have recently bought and sold shares of the company. FMR LLC boosted its stake in shares of GreenTree Hospitality Group by 95.3% in the second quarter. FMR LLC now owns 62,100 shares of the company’s stock valued at $1,123,000 after buying an additional 30,300 shares during the period. Public Employees Retirement System of Ohio bought a new stake in shares of GreenTree Hospitality Group in the second quarter valued at approximately $847,000. Acadian Asset Management LLC bought a new stake in shares of GreenTree Hospitality Group in the second quarter valued at approximately $883,000. Highbridge Capital Management LLC bought a new stake in shares of GreenTree Hospitality Group in the first quarter valued at approximately $638,000. Finally, Comerica Bank bought a new stake in shares of GreenTree Hospitality Group in the second quarter valued at approximately $889,000. 9.98% of the stock is currently owned by institutional investors.
GreenTree Hospitality Group Company Profile
GreenTree Hospitality Group Ltd., through its subsidiaries, owns, operates, leases, franchises, and manages hotels in the People's Republic of China. The company operates hotels under the various brands, including GreenTree Eastern, as well as Gme, Gya, and VX; GreenTree Inns and GreenTree Alliance; and Vatica and Shell.
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