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Chatham Lodging (CLDT)
NYSE:CLDT
Earnings Data
Report Date
Jul 30, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.06Last Year’s EPS
0.1Same Quarter Last Year
Moderate Buy
Based on 3 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 06, 2025
|% Change Since: 3.99%
|Next Earnings Date:Jul 30, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted several positive developments, including a share buyback plan, a significant dividend increase, successful hotel sales, and strong performance in key markets. However, these were tempered by concerns over RevPAR decline in April, economic uncertainty affecting future RevPAR growth, and increased operating costs. The sentiment is balanced with significant achievements offset by notable challenges.Company Guidance
During the Chatham Lodging Trust's first quarter 2025 financial results call, the company provided a comprehensive update on its operations and strategic initiatives. Key metrics highlighted included a $25 million share buyback plan and a 29% increase in the quarterly common dividend to $0.09 per share, translating to an annualized yield of over 5%. The company also reported the successful sale of five older hotels for $83 million, achieving a 6% capitalization rate on 2024 NOI levels. Chatham's RevPAR growth outpaced the industry, with notable performance in tech-dependent markets like Silicon Valley, where RevPAR increased by 8%. The company's guidance projected flat RevPAR growth for the year, with adjusted FFO per share ranging from $0.95 to $1.03. Despite challenges such as a decline in government-related travel and the impact of holiday weekends on RevPAR, Chatham remains focused on enhancing shareholder value through strategic share repurchases and potential acquisitions.Share Buyback Plan Announcement
The board of trustees approved a $25 million share buyback plan, initiating a repurchase program to enhance shareholder value.
Dividend Increase
The company increased its quarterly common dividend by 29%, equating to an annualized yield of over 5%.
Successful Hotel Sales
Five older hotels were sold, generating $83 million in proceeds. These hotels had an average age of 25 years and were among the lowest RevPAR hotels in the portfolio.
RevPAR Growth and Margin Improvement
Chatham achieved RevPAR growth among the highest of all lodging rates and improved GOP profit margins in the first quarter.
Strong Performance in Key Markets
RevPAR grew in six of the top seven markets, with significant growth in Silicon Valley (8%) and LA (14%).
Phoenix Hotel Performance
The Home2 Suites Phoenix downtown exceeded budgeted expectations, with 12% top-line and 25% EBITDA growth.
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CLDT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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CLDT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 06, 2025 | $7.01 | $7.03 | +0.29% |
Feb 26, 2025 | $7.99 | $8.14 | +1.88% |
Nov 07, 2024 | $8.24 | $8.96 | +8.74% |
Aug 02, 2024 | $8.43 | $8.36 | -0.83% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Chatham Lodging (CLDT) report earnings?
Chatham Lodging (CLDT) is schdueled to report earning on Jul 30, 2025, TBA Not Confirmed.
What is Chatham Lodging (CLDT) earnings time?
Chatham Lodging (CLDT) earnings time is at Jul 30, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CLDT EPS forecast?
CLDT EPS forecast for the fiscal quarter 2025 (Q2) is 0.06.
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