Zacks: Analysts Anticipate null (NYSE:SVC) to Post $0.88 EPS
Wall Street brokerages forecast that null (NYSE:SVC) will post earnings per share of $0.88 for the current fiscal quarter, according to Zacks. Three analysts have made estimates for null’s earnings, with the highest EPS estimate coming in at $0.90 and the lowest estimate coming in at $0.85. null reported earnings per share of $0.61 in the same quarter last year, which would indicate a positive year over year growth rate of 44.3%. The company is expected to announce its next quarterly earnings report on Wednesday, February 26th.
According to Zacks, analysts expect that null will report full-year earnings of $3.73 per share for the current year, with EPS estimates ranging from $3.71 to $3.75. For the next year, analysts expect that the business will post earnings of $3.85 per share, with EPS estimates ranging from $3.73 to $3.96. Zacks’ earnings per share averages are an average based on a survey of research firms that follow null.
Separately, TheStreet cut null from a “b-” rating to a “c+” rating in a research note on Wednesday, September 25th.
null Company Profile
Service Properties Trust (Nasdaq: SVC) is a real estate investment trust, or REIT, that was founded through an initial public offering in 1995. As of September 20, 2019, SVC owns 328 hotels and owns or leases 945 retail focused net lease properties located throughout the United States, Canada and Puerto Rico.
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