Equities analysts predict that Red Lion Hotels Corporation (NYSE:RLH) will announce earnings per share (EPS) of $0.19 for the current fiscal quarter, Zacks Investment Research reports. Two analysts have provided estimates for Red Lion Hotels Corporation’s earnings, with estimates ranging from $0.18 to $0.19. Red Lion Hotels Corporation reported earnings of $0.24 per share in the same quarter last year, which suggests a negative year-over-year growth rate of 20.8%. The firm is scheduled to issue its next quarterly earnings report on Tuesday, November 14th.

On average, analysts expect that Red Lion Hotels Corporation will report full year earnings of ($0.20) per share for the current financial year, with EPS estimates ranging from ($0.21) to ($0.18). For the next fiscal year, analysts anticipate that the firm will report earnings of ($0.02) per share, with EPS estimates ranging from ($0.09) to $0.05. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Red Lion Hotels Corporation.

Red Lion Hotels Corporation (NYSE:RLH) last announced its quarterly earnings results on Thursday, August 3rd. The company reported $0.01 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.03) by $0.04. Red Lion Hotels Corporation had a negative return on equity of 2.20% and a negative net margin of 2.12%. The firm had revenue of $48.53 million for the quarter, compared to analysts’ expectations of $49.94 million.

Several analysts recently issued reports on the company. B. Riley reissued a “buy” rating and set a $12.50 target price on shares of Red Lion Hotels Corporation in a research note on Tuesday, August 1st. Zacks Investment Research downgraded Red Lion Hotels Corporation from a “buy” rating to a “hold” rating in a research note on Tuesday, September 26th. TheStreet raised Red Lion Hotels Corporation from a “d+” rating to a “c” rating in a research note on Friday, August 4th. Finally, ValuEngine downgraded Red Lion Hotels Corporation from a “hold” rating to a “sell” rating in a research note on Friday, September 15th.

A number of large investors have recently added to or reduced their stakes in RLH. Bank of New York Mellon Corp increased its stake in Red Lion Hotels Corporation by 8.3% in the 1st quarter. Bank of New York Mellon Corp now owns 58,851 shares of the company’s stock worth $415,000 after acquiring an additional 4,532 shares during the last quarter. Wellington Management Group LLP increased its stake in Red Lion Hotels Corporation by 0.9% in the 1st quarter. Wellington Management Group LLP now owns 721,743 shares of the company’s stock worth $5,088,000 after acquiring an additional 6,100 shares during the last quarter. TIAA CREF Investment Management LLC increased its stake in Red Lion Hotels Corporation by 6.4% in the 1st quarter. TIAA CREF Investment Management LLC now owns 42,519 shares of the company’s stock worth $300,000 after acquiring an additional 2,570 shares during the last quarter. Royce & Associates LP increased its stake in Red Lion Hotels Corporation by 20.1% in the 1st quarter. Royce & Associates LP now owns 346,500 shares of the company’s stock worth $2,443,000 after acquiring an additional 58,000 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in Red Lion Hotels Corporation by 5.8% in the 1st quarter. Geode Capital Management LLC now owns 130,126 shares of the company’s stock worth $917,000 after acquiring an additional 7,094 shares during the last quarter. 63.28% of the stock is currently owned by institutional investors and hedge funds.

Shares of Red Lion Hotels Corporation (NYSE:RLH) opened at 8.80 on Friday. The company’s market capitalization is $207.78 million. Red Lion Hotels Corporation has a 12 month low of $6.15 and a 12 month high of $9.40. The stock’s 50 day moving average price is $8.02 and its 200 day moving average price is $7.10.

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Red Lion Hotels Corporation Company Profile

Red Lion Hotels Corporation (RLHC) is a hospitality and leisure company. The Company is engaged in the franchising, management and ownership of hotels under the brands, including Hotel RL, Red Lion Hotel, Red Lion Inn & Suites, GuestHouse and Settle Inn & Suites (collectively the RLHC Brands). The RLHC brands represent upscale, midscale and economy hotels.

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Earnings History and Estimates for Red Lion Hotels Corporation (NYSE:RLH)

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