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Hersha Hospitality Trust  (HT)
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Hersha Hospitality Trust

HT's Financial Statements and Analysis



Hersha Hospitality Trust reported in the third quarter of 2023 net loss per share of $-0.11 compare to earnings per share of $2.82 in the same quarter a year ago a decrease from $0.04 eps realized in II. Quarter (Jun 30 2023).


third quarter of 2023
Earnings Per Share Revenues
$ -0.11 $  92 Mill
$-2.93     $-12M     -11.76 %



Hersha Hospitality Trust's Revenue fell by -11.76 % in third quarter of 2023 (Sep 30 2023) year on year, to $92 million and declined by -5.96 % sequentially.


Hersha Hospitality Trust is

More on HT's Income Statement



Hersha Hospitality Trust's net income of $0.952 million in the third quarter of 2023 decreased by -99.3 % from net earnings of $136.189 million achieved in III. Quarter a year ago.

Sequentially net earnings fell by -84.03 % from net income of $5.961 million realized in previous quarter.

More on HT's Growth

Hersha Hospitality Trust Inventories
HT's Cash flow In the third quarter of 2023 company's net cash flow was $4 million, capital expenditures fell by -5.89547.74%, to $-9 millions compare to same quarter a year ago

More on HT's Cash flow Statement


Hersha Hospitality Trust payed out dividend of $0.65 per share in last 52 weeks representing 382.35 % of net earning per share in trailing twelve-month period.

During the same period Hersha Hospitality Trust earned $ 1.44 cash per share, on a free-cash flow basis 849.06 % of net earning per share.

Book value grew by 2.09 % sequentially to $18.31 per share, 13.96% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 18.29 per share from $ 17.92.

Company repurchased 1.27 million shares or 3.09 % in Sep 30 2023.
Interest Coverage Ratio was 2.18. Debt Coverage Ratio was 0.14.

More on HT's Dividends

 Market Capitalization (Millions) 400
 Shares Outstanding (Millions) 40
 Total Debt (Millions $) 531
 Revenue (TTM) (Millions $) 361
 Net Income (TTM) (Millions $) 34
 Cash Flow (TTM) (Millions $) 44
 Capital Exp. (TTM) (Millions $) -35
 Dividend TTM ($) 0.65 $
 Dividend Yield TTM (%) 6.51 %
 Employees (TTM) $ 783




Hersha Hospitality Trust payed out dividend of $0.65 per share in the last 52 weeks representing 382.35 % of net earning per share in trailing twelve-month period.

During the same period Hersha Hospitality Trust had $ 1.44 cash flow per share, on a free-cash flow basis 849.06 % of net earning per share.

Book value grew by 2.09 % sequentially to $18.31 per share, 13.96% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 18.29 per share from $ 17.92.

Company repurchased 1.27 million shares or 3.09 % in Sep 30 2023.
Interest Coverage Ratio was 2.18. Debt Coverage Ratio was 0.14.

More on HT's Balance Sheets

 Market Capitalization (Millions) 400
 Shares Outstanding (Millions) 40
 Total Debt (Millions $) 531
 Revenue (TTM) (Millions $) 361
 Net Income (TTM) (Millions $) 34
 Cash Flow (TTM) (Millions $) 44
 Capital Exp. (TTM) (Millions $) -35
 Dividend TTM ($) 0.65 $
 Dividend Yield TTM (%) 6.51 %
 Employees (TTM) $ 783
   


  News about Hersha Hospitality Trust Earnings

Transforming Challenges into Triumphs: Hersha Hospitality Trust's Remarkable Financial Performance in Q3 2023

During the past 5 trading days, shares of Hersha Hospitality Trust experienced a slight increase of 0.1 percent. This brings the year-to-date performance of the company to an impressive 21.54 percent. However, it is worth noting that Hersha Hospitality Trust shares are currently 3.7 percent short off the 52-week high.
Looking at the company's financial performance in the third quarter of 2023, Hersha Hospitality Trust slipped into a shortfall of $-0.11 per share compared to $2.82 per share a year ago. The earnings per share also fell from $0.04 in the preceding quarter. Furthermore, the company saw a noteworthy decrease in revenue of -11.764 percent, amounting to $91.98 million, compared to $104.25 milli...

Hersha Hospitality Trust Reports a Sharp 20.663% Decline in Q2 2023 Revenue, Contrasting the Overall REIT Sector Growth

Hersha Hospitality Trust, a Real Estate Investment Trust (REIT), reported a decline in their financial results for the period spanning April to June 2023. The company's income fell by 20% to $0.04 per share, compared to $0.05 per share in the same period last year. However, it is worth noting that the net profit per share turned positive, improving from -$0.38 per share in the preceding reporting period.
The revenue for the quarter also took a hit, plummeting by 20.663% to $97.81 million from $123.29 million in the corresponding period a year ago. On a sequential basis, the revenue saw a surge of 30.158% from $75.15 million in the previous quarter. This decline in revenue is in stark contrast to the over...


Date modified: 2023-11-12T10:26:10+00:00





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