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Ashford Hospitality shares up following Q4 earnings announcement

Published 03/02/2018, 09:49 AM
© Reuters.  Ashford Hospitality shares up following Q4 earnings announcement
AHT
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  • Q4 adjusted FFO of $27M or $0.24 per share is up compared to $17.9M and $0.16 a year ago. Estimates were for $0.22
  • Adjusted EBITDA of $92.4M is down from $102.6M a year ago.
  • Comp RevPAR is up 3.9% at $115.04; comp RevPAR excl. hotels not under renovation is up 5.8% to $115.10.
  • Conference call at 11 ET
  • Previously: Ashford Hospitality Trust beats by $0.02, beats on revenue (March 1)
  • (NYSE:AHT)
  • Now read: 6.2% Yielding REIT, With 20% Near-Term Returns, Strong Catalyst


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