CLDT Q2 2024 Earnings — Chatham Lodging Trust Revenue & Financial Results | Market Cap Arena

CLDTChatham Lodging Trust

$374M

Q2 2024 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$86M+2.4% YoY

Gross Profit

$34M38.9% margin

Operating Income

$14M16.3% margin

Net Income

$7M7.9% margin

EPS (Diluted)

$0.10

QoQ Revenue Growth

+26.4%

Cash Flow

Operating Cash Flow

$25M

Free Cash Flow

$25M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$505M

Stockholders' Equity

$766M

Cash & Equivalents

$11M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$86M	$84M	+2.4%
Gross Profit	$34M	$35M	-3.1%
Operating Income	$14M	$15M	-8.8%
Net Income	$7M	$9M	-25.1%

Revenue Segments

Occupancy

$79M69%

General And Administrative

$7M6%

Franchise And Marketing Fees

$7M6%

Other

$5M4%

Maintenance

$4M4%

Public Utilities

$3M3%

Management Service

$3M2%

Food and Beverage

$2M2%

Advertising

$2M1%

Hotel, Other

$1M1%

Insurance

$833,0001%

Telephone

$328,0000%