Zacks: Analysts Anticipate GreenTree Hospitality Group Ltd – (GHG) Will Announce Earnings of $0.18 Per Share
Brokerages predict that GreenTree Hospitality Group Ltd – (NYSE:GHG) will post earnings of $0.18 per share for the current fiscal quarter, Zacks Investment Research reports. Zero analysts have made estimates for GreenTree Hospitality Group’s earnings. The business is expected to issue its next earnings report on Monday, January 1st.
On average, analysts expect that GreenTree Hospitality Group will report full-year earnings of $0.67 per share for the current year, with EPS estimates ranging from $0.65 to $0.69. For the next fiscal year, analysts anticipate that the firm will post earnings of $0.87 per share. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side analysts that follow GreenTree Hospitality Group.
GreenTree Hospitality Group (NYSE:GHG) last released its quarterly earnings results on Thursday, August 23rd. The company reported $0.15 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.15. The firm had revenue of $35.27 million for the quarter.
Shares of NYSE:GHG traded up $0.27 during midday trading on Monday, hitting $12.57. 82,813 shares of the stock were exchanged, compared to its average volume of 91,248. GreenTree Hospitality Group has a twelve month low of $10.27 and a twelve month high of $25.10.
A number of hedge funds have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio acquired a new position in GreenTree Hospitality Group in the 2nd quarter valued at about $847,000. Zurich Insurance Group Ltd FI purchased a new stake in GreenTree Hospitality Group in the 2nd quarter valued at about $2,374,000. Sylebra HK Co Ltd purchased a new stake in GreenTree Hospitality Group in the 2nd quarter valued at about $7,424,000. Federated Investors Inc. PA grew its holdings in GreenTree Hospitality Group by 22.3% in the 2nd quarter. Federated Investors Inc. PA now owns 1,375,661 shares of the company’s stock valued at $24,886,000 after buying an additional 250,661 shares during the period. Finally, FMR LLC grew its holdings in GreenTree Hospitality Group by 95.3% in the 2nd quarter. FMR LLC now owns 62,100 shares of the company’s stock valued at $1,123,000 after buying an additional 30,300 shares during the period. 9.98% of the stock is owned by hedge funds and other institutional investors.
GreenTree Hospitality Group Company Profile
GreenTree Hospitality Group Ltd., through its subsidiaries, owns, operates, leases, franchises, and manages hotels in the People's Republic of China. The company operates hotels under the various brands, including GreenTree Eastern, as well as Gme, Gya, and VX; GreenTree Inns and GreenTree Alliance; and Vatica and Shell.
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