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Investing.com - Chatham Lodging reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Chatham Lodging announced earnings per share of $0.21 on revenue of $87.89M. Analysts polled by Investing.com EPS of $0.10 on revenue of $82.03M.
Chatham Lodging 's are down 35% and is trading at $12.73 , still down 15.81% from its 52 week high of $15.12 set on Wednesday, February 16, 2022.
Chatham Lodging shares gained 5.29% to trade at $12.73 in intra-day trade the report.
Chatham Lodging follows other major Real Estate sector earnings this month
Chatham Lodging's report follows an earnings beat by Prologis on Wednesday, October 19, 2022, who reported EPS of $1.36 on revenue of $1.15B, EPS of $1.34 on revenue of $1.2B.
American Tower had beat expectations on Thursday, October 27, 2022 with third quarter EPS of $1.8 on revenue of $2.67B, for EPS of $1.13 on revenue of $2.65B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar