CLDT Q1 2024 Earnings — Chatham Lodging Trust Revenue & Financial Results | Market Cap Arena

CLDTChatham Lodging Trust

$374M

Q1 2024 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$68M+1.2% YoY

Gross Profit

$21M30.7% margin

Operating Income

$977,0001.4% margin

Net Income

-$5M-7.6% margin

EPS (Diluted)

$-0.11

QoQ Revenue Growth

-5.3%

Cash Flow

Operating Cash Flow

$7M

Free Cash Flow

$6M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$538M

Stockholders' Equity

$765M

Cash & Equivalents

$72M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$68M	$68M	+1.2%
Gross Profit	$21M	$21M	+1.8%
Operating Income	$977,000	$2M	-52.7%
Net Income	-$5M	-$5M	-7.8%

Revenue Segments

Occupancy

$62M67%

General And Administrative

$7M8%

Franchise And Marketing Fees

$5M6%

Maintenance

$4M4%

Other

$4M4%

Public Utilities

$3M3%

Management Service

$2M2%

Food and Beverage

$2M2%

Advertising

$1M1%

Insurance

$820,0001%

Hotel, Other

$819,0001%

Telephone

$319,0000%