Brokerages expect Condor Hospitality Trust, Inc. (NASDAQ:CDOR) to post $17.68 million in sales for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for Condor Hospitality Trust’s earnings, with the highest sales estimate coming in at $18.00 million and the lowest estimate coming in at $17.26 million. Condor Hospitality Trust posted sales of $17.83 million during the same quarter last year, which suggests a negative year-over-year growth rate of 0.8%. The company is scheduled to report its next earnings report on Tuesday, August 6th.
On average, analysts expect that Condor Hospitality Trust will report full-year sales of $66.28 million for the current year, with estimates ranging from $63.76 million to $69.34 million. For the next year, analysts expect that the business will report sales of $74.11 million, with estimates ranging from $64.77 million to $89.06 million. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research firms that that provide coverage for Condor Hospitality Trust.
CDOR traded down $0.07 during midday trading on Friday, reaching $10.97. 4,130 shares of the company’s stock were exchanged, compared to its average volume of 33,693. Condor Hospitality Trust has a one year low of $6.10 and a one year high of $11.32. The company’s 50-day moving average is $9.29.
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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