Earnings Forecast Research on LaSalle Hotel Properties (LHO)

LaSalle Hotel Properties has received $0.62 as the consensus Earnings Estimate for the Quarter ending on Dec 2016 ,According to the estimate provided by 9 Financial Advisor in the Stock Trading Firms. Among 9 Analysts, Bottom line EPS Estimate for the current quarter is $0.6 while the top line estimate is $0.65 , a key information to consider for Day Trading and investing in stocks. The EPS growth rate is projected at -5.72%.

LaSalle Hotel Properties results fell short with a surprise EPS of -2.3% or $-0.02. The Actual EPS was $0.85 compared to the Estimated EPS of $0.87 during its most recent quarterly earnings.

LaSalle Hotel Properties has a Price to Earnings ratio of 10.34 for the trailing twelve month period. The price to book ratio of the company for the most recent quarter is 1.34. For the Most Recent Fiscal Year, LaSalle Hotel Properties has a price to cash ratio of 10.55. For the Trailing twelve month period, company showed a Net Profit Margin of 20.49% and Return on Equity of the stock is 10.61%.

In the last quarter, LaSalle Hotel Properties reported Annual Earnings of $0.85. Based on the filings, last years Annual Earnings was, $2.83. In the last Quarter, LHO reported a surprise Earnings per Share of -2.3% . The consensus estimate for current quarter is $0.62 and for the current fiscal year, the estimate is $2.89. For the Next fiscal year, the estimate is $2.69 based on the consensus.

LaSalle Hotel Properties (NYSE:LHO) stock ended Tuesday session in the red zone in a volatile trading. The stock closed down 0.34 points or 1.11% at $30.17 with 1,839,551 shares getting traded. Post opening the session at $30.41, the shares hit an intraday low of $29.87 and an intraday high of $30.58 and the price was in this range throughout the day. The company has a market cap of $3,593 million and the number of outstanding shares has been calculated to be 119,087,443 shares. The 52-week high of LaSalle Hotel Properties (NYSE:LHO) is $31.87 and the 52-week low is $20.43.

Lasalle Hotel Properties, which intends to operate as a real estate investment trust for federal income tax purposes, has been formed to own hotel properties and to continue and expand the hotel investment activities of LaSalle Partners Incorporated and certain of its affiliates collectively, LaSalle. LaSalle is an institutionally respected real estate services and investment firm which has extensive experience in the acquisition, investment management, finance, development and disposition of hotel properties.


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