NYSE$CLDT

Chatham Lodging Trust · Q4 2020 earnings

Q4 2020 earnings · · Investor relations

Briefing

Chatham Lodging Trust Reported a Net Loss and Positive Adjusted EBITDA Amidst Pandemic Challenges.

Chatham Lodging Trust announced fourth-quarter 2020 results, which reflected the impact of the COVID-19 pandemic on the lodging industry. The company reported a net loss, but generated positive Adjusted EBITDA for the second consecutive quarter. They focused on maximizing hotel operating results, minimizing cash burn, improving liquidity through hotel sales, and preserving balance sheet strength.

  • Portfolio RevPAR decreased by 60% to $47 compared to Q4 2019.
  • Net loss worsened to $(3.4) million, compared to $(2.4) million in Q4 2019.
  • Positive GOP margins of 25% were generated during the quarter.
  • Adjusted EBITDA was $0.2 million, versus $25.9 million in Q4 2019.

Headline financials

Total Revenue

$29.6M

Previous: $74.7M-60.4%
EPS (adj)

-$0.18

Previous: $0.32-156.3%
Net Income

-$3.41M

Previous: -$2.37M-43.6%
Operating Income

$4.9M

Previous: $7.46M-34.3%
Gross Profit

$2.26M

Previous: $32.3M-93.0%
Cash & Equivalents

$21.1M

Previous: $6.62M+219.1%
Total Assets

$1.37B

Previous: $1.44B-4.7%
Stock-Based Comp

$1.12M

Previous: $1.21M-7.2%

Revenue & EPS history

Chatham · Revenue · Quarterly

$29.6M

Q4 2020-60.4%vs Q4 2019
Beat estimate in 7 of 16 quarters(44%)
ActualEstimate

Forward guidance

Due to uncertainty surrounding the impact of the pandemic on the hotel industry, the company is not providing guidance.

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 Q4 2020

Historical avgQ4 2020

-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

Earnings price reactions
QuarterReport dateReaction (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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