Zacks: Brokerages Expect Condor Hospitality Trust, Inc. (CDOR) to Post $0.27 Earnings Per Share

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Wall Street analysts expect that Condor Hospitality Trust, Inc. (NASDAQ:CDOR) will announce earnings of $0.27 per share for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Condor Hospitality Trust’s earnings. Condor Hospitality Trust posted earnings per share of $0.29 during the same quarter last year, which would indicate a negative year over year growth rate of 6.9%. The business is scheduled to report its next earnings results on Wednesday, May 8th.

According to Zacks, analysts expect that Condor Hospitality Trust will report full-year earnings of $0.95 per share for the current financial year, with EPS estimates ranging from $0.88 to $1.02. For the next financial year, analysts expect that the firm will post earnings of $1.04 per share, with EPS estimates ranging from $1.03 to $1.05. Zacks’ EPS calculations are a mean average based on a survey of sell-side research analysts that that provide coverage for Condor Hospitality Trust.

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

NASDAQ CDOR traded down $0.03 on Friday, reaching $8.65. The stock had a trading volume of 15,536 shares, compared to its average volume of 11,871. Condor Hospitality Trust has a 12-month low of $6.10 and a 12-month high of $11.32.

Condor Hospitality Trust Company Profile

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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