However, the longer term returns haven't been so bad, with the stock down 1.2% in the last three years. That's disappointing when you consider the market returned 3.1%. ( NYSE:WPC) shareholders over the last year, as the share price declined 16%. When you buy individual stocks, you can make higher profits, but you also face the risk of under-performance. To read this article on click here.The simplest way to benefit from a rising market is to buy an index fund. (WPC) : Free Stock Analysis ReportĬhatham Lodging Trust REIT (CLDT) : Free Stock Analysis Report Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.Ĭhatham Lodging's revenues are expected to be $84.98 million, up 32.2% from the year-ago quarter. ![]() This real estate investment trust is expected to post quarterly earnings of $0.42 per share in its upcoming report, which represents a year-over-year change of +100%. The results are expected to be released on November 8. One other stock from the same industry, Chatham Lodging (CLDT), is yet to report results for the quarter ended September 2022. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1. In terms of the Zacks Industry Rank, REIT and Equity Trust - Other is currently in the bottom 41% of the 250 plus Zacks industries. Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of estimate revisions. Not only does this include current consensus FFO expectations for the coming quarter(s), but also how these expectations have changed lately.Įmpirical research shows a strong correlation between near-term stock movements and trends in estimate revisions. There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's FFO outlook. Carey has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? Carey shares have lost about 8.5% since the beginning of the year versus the S&P 500's decline of -22%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future FFO expectations will mostly depend on management's commentary on the earnings call. The company has topped consensus revenue estimates three times over the last four quarters. This compares to year-ago revenues of $325.75 million. Carey, which belongs to the Zacks REIT and Equity Trust - Other industry, posted revenues of $383.62 million for the quarter ended September 2022, surpassing the Zacks Consensus Estimate by 1.24%. ![]() Over the last four quarters, the company has surpassed consensus FFO estimates four times. ![]() A quarter ago, it was expected that this real estate investment trust would post FFO of $1.29 per share when it actually produced FFO of $1.31, delivering a surprise of 1.55%. ![]() This quarterly report represents an FFO surprise of 5.43%. These figures are adjusted for non-recurring items. This compares to FFO of $1.24 per share a year ago. Carey (WPC) came out with quarterly funds from operations (FFO) of $1.36 per share, beating the Zacks Consensus Estimate of $1.29 per share.
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