Sotherly Hotels Q2 EPS $0.36 Up From $0.33 YoY, Sales $49.02M Miss $50.00M Estimate
Portfolio Pulse from Benzinga Newsdesk
Sotherly Hotels reported Q2 earnings of $0.36 per share, a 9.09% increase YoY. However, the company's quarterly sales of $49.02M missed the analyst consensus estimate of $50.00M by 1.97%.
August 10, 2023 | 10:31 am
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Sotherly Hotels' Q2 earnings per share increased by 9.09% YoY, but sales missed estimates by 1.97%.
While Sotherly Hotels reported an increase in earnings per share, the company's sales missed the analyst consensus estimate. This mixed result could lead to neutral short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100