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Hersha Hospitality Trust Full Year 2022 Earnings: EPS Beats Expectations

Hersha Hospitality Trust (NYSE:HT) Full Year 2022 Results

Key Financial Results

  • Revenue: US$405.8m (up 38% from FY 2021).

  • Funds from operations (FFO): US$16.4m (up from US$32.3m loss in FY 2021).

  • FFO margin: 4.0% (up from net loss in FY 2021).

  • FFO per share: US$0.4 (up from US$0.83 loss in FY 2021).

earnings-and-revenue-growth
earnings-and-revenue-growth

All figures shown in the chart above are for the trailing 12 month (TTM) period

Hersha Hospitality Trust EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 32%.

Looking ahead, revenue is expected to decline by 5.4% p.a. on average during the next 2 years, while revenues in the REITs industry in the US are expected to grow by 6.1%.

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Performance of the American REITs industry.

The company's shares are down 5.7% from a week ago.

Risk Analysis

Before we wrap up, we've discovered 6 warning signs for Hersha Hospitality Trust (2 are potentially serious!) that you should be aware of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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