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Sotherly Hotels (SOHO)
NASDAQ:SOHO
Earnings Data
Report Date
Aug 07, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
0.13Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 13, 2025
|% Change Since: 0.00%
|Next Earnings Date:Aug 07, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted strong performance in RevPAR growth and urban market recovery, with strategic franchise agreements and renovations planned. However, challenges include ongoing disruptions in Tampa, adjusted FFO decline, debt maturities, and macroeconomic uncertainties impacting future guidance.Company Guidance
During Sotherly Hotels' Q1 2025 conference call, the company reiterated its full-year guidance, projecting total revenue between $183.4 million and $188.2 million, representing a 2.1% increase at the midpoint over the prior year. Hotel EBITDA is expected to range from $48.8 million to $49.6 million, indicating a 5.2% increase, while adjusted FFO is projected between $11.5 million and $12.3 million, reflecting a 16.4% decrease. The company highlighted a RevPAR increase of 6.4% in Q1, driven by a 6.4% rise in occupancy, with ADR stable year-over-year. Excluding the impact of Hurricane Helene on the Tampa property, RevPAR rose by 7.3%. The call detailed significant gains in urban markets, notably a 34.3% RevPAR rise at DoubleTree Philadelphia Airport, and 19.4% at The Whitehall in Houston, emphasizing strong group business and special event demand. The company plans to spend $7.2 million on routine capital expenditures in 2025, with additional investments for renovations in Philadelphia and Jacksonville, totaling $11.4 million this year.RevPAR Improvement
RevPAR increased 6.4% driven by a 6.4% increase in occupancy compared to 2024. Excluding Tampa, RevPAR increased 7.3%.
Key Asset Performance
DoubleTree Resort in Hollywood, Florida saw RevPAR up 11.9%. Hotel Ballast in Wilmington achieved a 6.5% increase in RevPAR. The Whitehall in Houston posted a 19.4% increase in RevPAR.
Urban Market Recovery
Significant occupancy gains in urban markets, with DoubleTree Philadelphia Airport seeing a 34.3% increase in RevPAR and a 38.7% increase in occupancy.
Corporate Activity and Future Plans
Two new 10-year franchise agreements with Hilton in Philadelphia and Jacksonville, with planned renovations totaling $26.1 million.
Hotel EBITDA Growth
Hotel EBITDA increased 9.4% over the prior year, with a 100 basis point increase in margins, excluding one-time benefits from the previous year.
SOHO 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
SOHO Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 13, 2025 | $0.79 | $0.80 | +1.27% |
Mar 13, 2025 | $0.81 | $0.79 | -2.47% |
Nov 12, 2024 | $1.22 | $1.16 | -4.92% |
Aug 13, 2024 | $1.23 | $1.21 | -1.63% |
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.
FAQ
When does Sotherly Hotels (SOHO) report earnings?
Sotherly Hotels (SOHO) is schdueled to report earning on Aug 07, 2025, TBA Not Confirmed.
What is Sotherly Hotels (SOHO) earnings time?
Sotherly Hotels (SOHO) earnings time is at Aug 07, 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 SOHO EPS forecast?
Currently, no data Available