Last quarter FelCor Lodging Trust Incorporated (NYSE:FCH) hit analyst's estimates and it will report again on Wednesday, July 25, 2012.
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Analysts currently expect FelCor Lodging Trust Incorporated to come in with earnings of 18 cents per share on revenues of $257.7 million. Estimates range from earnings per share to earnings per share. The average estimate has shown no movement over the last three months.
Recently, the stock price has been rising Since May 30, 2012 business days the stock has risen 68 cents per share. Looking at change over the last three months, from April 23, 2012 and July 18, 2012, the stock price is up 63 cents (15.4%), from $4.09 to $4.72.
Company Fundamental Trends The company will look to use the upcoming earnings announcement as a salve for two-straight quarters of revenue declines. Revenue decreased by 3.2% during the past fourth quarter of the last fiscal year and dropped further over the first quarter.
Analysts think investors should stand pat on FelCor Lodging Trust Incorporated with six of eight analysts rating it hold. The average analyst rating of the stock has stayed constant from three months prior.
Last Quarter's Results
In the first quarter, the company's loss narrowed to a loss of $28.5 million (31 cents a share) from a loss of $31.7 million (43 cents) a year earlier, meeting analyst expectations. Revenue fell 5.3% to $221.2 million from $233.7 million.
Reporting Period: 2Q
Date of Release: Wednesday, July 25, 2012 before market open
EPS: 18 cents
Revenue Estimate: $257.7 million
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)