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LuxUrban Hotels Q1 2024 Earnings Report

LuxUrban Hotels logo
$0.05 0.00 (-5.33%)
As of 03/28/2025 03:56 PM Eastern

LuxUrban Hotels EPS Results

Actual EPS
-$11.90
Consensus EPS
$2.10
Beat/Miss
Missed by -$14.00
One Year Ago EPS
N/A

LuxUrban Hotels Revenue Results

Actual Revenue
$29.10 million
Expected Revenue
$28.70 million
Beat/Miss
Beat by +$400.00 thousand
YoY Revenue Growth
N/A

LuxUrban Hotels Announcement Details

Quarter
Q1 2024
Time
N/A

Conference Call Resources

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LuxUrban Hotels Earnings Headlines

The unusual signal flashing green again
Something fascinating happened in April... While a lot of Wall Street institutions were opening new positions in a falling stock, something different showed up on my screen. A special set of candles had just turned green - signaling the kind of momentum surge I'd seen only a handful of times before. What happened next? The stock soared 45% on the underlying stock in just a few weeks and 227% for anyone who traded the options. Naturally, there would have been smaller wins and those that would not have worked out, but this wasn't some penny stock or crypto play… It was ARM Holdings - a major semiconductor player that had just shed 9% of its value.
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About LuxUrban Hotels

LuxUrban Hotels (NASDAQ:LUXH) utilizes an asset light business model to lease entire hotels on a long-term basis and rent out hotel rooms in the properties it leases. It manages a portfolio of hotel rooms in New York, Washington D.C., Miami Beach, New Orleans, and Los Angeles. The company was formerly known as CorpHousing Group Inc. and changed its name to LuxUrban Hotels Inc. in November 2022. The company was incorporated in 2017 and is headquartered in Miami, Florida.

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