NYSE$CLDT
Chatham Lodging Trust · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Adjusted FFO per share beat estimates and September/October RevPAR exceeded 2019.
Chatham Lodging Trust announced third quarter 2023 results, with adjusted FFO per share beating estimates and September/October RevPAR exceeding 2019 levels, despite a decrease in portfolio RevPAR compared to the previous year.
- Portfolio RevPAR decreased by 2.6% to $147 compared to Q3 2022.
- Net income was $7.5 million, compared to $12.4 million in Q3 2022.
- Adjusted EBITDA declined by $4.5 million to $30.6 million from Q3 2022.
- The company repaid $60 million of maturing mortgage debt and issued $83 million of fixed-rate debt during the quarter.
Headline financials
Revenue & EPS history
Chatham · Revenue · Quarterly
$86.7M
Forward guidance
Due to uncertainty surrounding the hotel industry, the company is not providing guidance at this time.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q3 2023
-0.9%
Avg return
Earnings day
-0.3%
Avg return
5 days after
+0.2%
Avg return
30 days after
48%
30 / 63 earnings
Positive
+12.5%
Q1 2026
Best reaction
-21.4%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +12.5% | +11.8% | — | |
| Q4 2025 | +1.2% | +4.5% | +5.6% | |
| Q3 2025 | +1.1% | +5.3% | +1.7% | |
| Q1 2025 | +0.3% | -0.4% | -0.1% | |
| Q4 2024 | +1.9% | +0.5% | -10.8% | |
| Q3 2024 | +6.8% | +9.5% | +14.1% | |
| Q2 2024 | -7.7% | -9.2% | -1.3% | |
| Q1 2024 | +0.1% | -1.6% | -4.5% | |
| Q4 2023 | +0.0% | +1.3% | -1.5% | |
| Q3 2023 | +10.1% | +5.7% | +8.4% | |
| Q2 2023 | -1.5% | +2.0% | +3.6% | |
| Q1 2023 | +0.9% | -0.5% | -3.0% | |
| Q4 2022 | -3.9% | -7.1% | -24.9% | |
| Q3 2022 | -0.2% | +8.3% | +8.3% | |
| Q2 2022 | +6.9% | +7.6% | -0.6% | |
| Q1 2022 | -6.3% | -13.1% | -6.3% | |
| Q4 2021 | -1.7% | -5.8% | -3.8% | |
| Q3 2021 | +3.1% | -0.2% | -10.1% | |
| Q2 2021 | -5.8% | +0.5% | +4.2% | |
| Q1 2021 | -9.7% | -7.3% | -6.7% | |
| Q4 2020 | +2.4% | +3.7% | +5.1% | |
| Q3 2020 | +3.4% | +12.2% | +57.5% | |
| Q2 2020 | +7.7% | +21.8% | +39.0% | |
| Q1 2020 | -21.4% | -26.6% | +17.6% | |
| Q4 2019 | -9.3% | -8.0% | -61.5% | |
| Q3 2019 | +1.6% | +2.1% | +1.7% | |
| Q2 2019 | -7.9% | -9.2% | -11.9% | |
| Q1 2019 | +2.3% | +3.6% | -3.3% | |
| Q4 2018 | -5.4% | -8.2% | -10.5% | |
| Q3 2018 | -0.5% | +1.5% | +1.5% | |
| Q2 2018 | +1.7% | +0.7% | -0.4% | |
| Q1 2018 | -0.3% | +1.9% | +9.1% | |
| Q4 2017 | -14.0% | -14.0% | -8.8% | |
| Q3 2017 | +5.1% | +5.9% | +7.1% | |
| Q2 2017 | -1.7% | -0.7% | -1.1% | |
| Q1 2017 | +0.8% | -1.9% | +3.5% | |
| Q4 2016 | -1.0% | -1.7% | -5.6% | |
| Q3 2016 | -2.0% | -0.4% | +9.1% | |
| Q2 2016 | -11.3% | -7.5% | -14.3% | |
| Q1 2016 | +1.2% | — | — | |
| Q4 2015 | +2.4% | — | — | |
| Q3 2015 | -3.9% | — | — | |
| Q2 2015 | -10.5% | — | — | |
| Q1 2015 | -1.6% | — | — | |
| Q4 2014 | -3.9% | — | — | |
| Q3 2014 | -1.6% | — | — | |
| Q2 2014 | +2.4% | — | — | |
| Q1 2014 | +0.7% | — | — | |
| Q4 2013 | +1.7% | — | — | |
| Q3 2013 | +10.8% | — | — | |
| Q2 2013 | +0.6% | — | — | |
| Q1 2013 | -0.7% | — | — | |
| Q4 2012 | -1.5% | — | — | |
| Q3 2012 | +0.2% | — | — | |
| Q2 2012 | +0.4% | — | — | |
| Q1 2012 | +0.2% | — | — | |
| Q4 2011 | +1.2% | — | — | |
| Q3 2010 | -5.0% | — | — | |
| Q3 2011 | -5.0% | — | — | |
| Q4 2010 | -1.9% | — | — | |
| Q2 2011 | -1.9% | — | — | |
| Q2 2010 | -1.9% | — | — | |
| Q1 2011 | -0.4% | — | — |
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