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Earnings miss, soft guidance sends Chatham Lodging lower by 2.5%

Published 02/26/2018, 10:32 AM
© Reuters.  Earnings miss, soft guidance sends Chatham Lodging lower by 2.5%
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  • Q4 adjusted FFO of $16M or $0.36 per share vs. $17M and $0.44 a year ago. Adjusted EBITDA flat of $26.3M.
  • Same-property RevPAR up 1.1% Y/Y to $120, with ADR up 0.9% to $159 and occupancy up 0.4% to 75.3%
  • 2018 guidance for adjusted FFO is $1.80 to $ 1.94 per share vs $2.14 in 2017.
  • Conference call is at 10 ET.
  • Previously: Chatham Lodging Trust misses by $0.01, beats on revenue (Feb. 26)
  • CLDT -2.5%
  • Now read: Consider Equity REITs For Your Next Investment: Chatham Lodging Trust


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