Sotherly Hotels(SOHO) ZACKS·2024-11-12 13:41Group 1: Financial Performance - Sotherly Hotels reported a quarterly loss of 0.01, compared to break-even FFO per share a year ago, representing an FFO surprise of -500% [1] - The company posted revenues of 39.18 million [2] - The current consensus FFO estimate for the coming quarter is 44.4 million in revenues, and for the current fiscal year, it is 183.7 million in revenues [7] Group 2: Market Performance - Sotherly Hotels shares have lost about 18.1% since the beginning of the year, while the S&P 500 has gained 25.8% [3] - The company has surpassed consensus FFO estimates two times over the last four quarters [2] Group 3: Future Outlook - The sustainability of the stock's immediate price movement will depend on management's commentary on the earnings call [3] - The estimate revisions trend for Sotherly Hotels is currently mixed, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market in the near future [6] - The outlook for the REIT and Equity Trust - Other industry is currently in the top 27% of the Zacks industries, suggesting potential for outperformance [8]