Sotherly Hotels (NASDAQ:SOHO – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 0.570-0.610 for the period, compared to the consensus EPS estimate of 0.760. The company issued revenue guidance of $183.4 million-$188.2 million, compared to the consensus revenue estimate of $191.1 million.
Wall Street Analyst Weigh In
Separately, StockNews.com began coverage on shares of Sotherly Hotels in a research note on Wednesday. They issued a “hold” rating on the stock.
Read Our Latest Stock Report on SOHO
Sotherly Hotels Stock Performance
Sotherly Hotels (NASDAQ:SOHO – Get Free Report) last released its quarterly earnings data on Thursday, March 13th. The real estate investment trust reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.05. Sotherly Hotels had a return on equity of 3.48% and a net margin of 0.92%. Sell-side analysts expect that Sotherly Hotels will post 0.55 EPS for the current year.
Sotherly Hotels Company Profile
Sotherly Hotels Inc is a self-managed and self-administered lodging REIT focused on the acquisition, renovation, upbranding and repositioning of upscale to upper-upscale full-service hotels in the Southern United States. Sotherly may also opportunistically acquire hotels throughout the United States.
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