Equities research analysts expect Red Lion Hotels Corporation (NYSE:RLH) to announce $0.21 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Two analysts have issued estimates for Red Lion Hotels Corporation’s earnings, with estimates ranging from $0.19 to $0.22. Red Lion Hotels Corporation reported earnings of $0.24 per share in the same quarter last year, which indicates a negative year-over-year growth rate of 12.5%. The company is expected to report its next quarterly earnings report on Tuesday, November 14th.

On average, analysts expect that Red Lion Hotels Corporation will report full year earnings of ($0.19) per share for the current fiscal year, with EPS estimates ranging from ($0.21) to ($0.16). For the next year, analysts forecast that the company will post earnings of ($0.02) per share, with EPS estimates ranging from ($0.09) to $0.05. Zacks Investment Research’s EPS averages are a mean average based on a survey of sell-side research analysts that that provide coverage for Red Lion Hotels Corporation.

Red Lion Hotels Corporation (NYSE:RLH) last posted its quarterly earnings data on Thursday, August 3rd. The company reported $0.01 EPS for the quarter, topping the consensus estimate of ($0.03) by $0.04. The firm had revenue of $48.53 million during the quarter, compared to analyst estimates of $49.94 million. Red Lion Hotels Corporation had a negative net margin of 2.12% and a negative return on equity of 2.20%.

Several equities analysts have issued reports on the stock. B. Riley set a $13.00 price objective on shares of Red Lion Hotels Corporation and gave the company a “buy” rating in a research note on Thursday, August 17th. Zacks Investment Research cut shares of Red Lion Hotels Corporation from a “buy” rating to a “hold” rating in a research note on Thursday, June 29th. Finally, TheStreet raised shares of Red Lion Hotels Corporation from a “d+” rating to a “c” rating in a research note on Friday, August 4th.

A number of institutional investors and hedge funds have recently made changes to their positions in RLH. Citigroup Inc. increased its stake in Red Lion Hotels Corporation by 8,341.0% in the 2nd quarter. Citigroup Inc. now owns 15,025 shares of the company’s stock valued at $110,000 after buying an additional 14,847 shares during the period. Rhumbline Advisers increased its stake in Red Lion Hotels Corporation by 52.4% in the 2nd quarter. Rhumbline Advisers now owns 16,806 shares of the company’s stock valued at $124,000 after buying an additional 5,780 shares during the period. Alambic Investment Management L.P. increased its stake in Red Lion Hotels Corporation by 10.8% in the 1st quarter. Alambic Investment Management L.P. now owns 20,027 shares of the company’s stock valued at $141,000 after buying an additional 1,950 shares during the period. Dorsey & Whitney Trust CO LLC increased its stake in Red Lion Hotels Corporation by 7.0% in the 2nd quarter. Dorsey & Whitney Trust CO LLC now owns 19,900 shares of the company’s stock valued at $146,000 after buying an additional 1,300 shares during the period. Finally, TFS Capital LLC grew its stake in shares of Red Lion Hotels Corporation by 93.8% during the 1st quarter. TFS Capital LLC now owns 22,243 shares of the company’s stock worth $157,000 after purchasing an additional 10,764 shares during the period. 63.28% of the stock is currently owned by institutional investors.

Red Lion Hotels Corporation (NYSE:RLH) traded up 0.68% on Thursday, hitting $7.45. 22,096 shares of the company traded hands. Red Lion Hotels Corporation has a 12 month low of $6.15 and a 12 month high of $9.40. The firm’s market capitalization is $175.90 million. The stock’s 50-day moving average is $7.10 and its 200 day moving average is $6.88.

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About Red Lion Hotels Corporation

Red Lion Hotels Corporation (RLHC) is a hospitality and leisure company. The Company is engaged in the franchising, management and ownership of hotels under the brands, including Hotel RL, Red Lion Hotel, Red Lion Inn & Suites, GuestHouse and Settle Inn & Suites (collectively the RLHC Brands). The RLHC brands represent upscale, midscale and economy hotels.

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Earnings History and Estimates for Red Lion Hotels Corporation (NYSE:RLH)

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