Chatham Lodging Trust (CLDT) Tops Q1 FFO by 1c/Share

Chatham Lodging Trust (NYSE: CLDT) reported Q1 FFO of $0.40, $0.01 better than the analyst estimate of $0.39. Revenue for the quarter came in at $0 versus the consensus estimate of $56.75 million.

Portfolio RevPAR – Increased hotel RevPAR 6.9 percent to $118 for Chatham’s 35, wholly owned hotels.

Chatham Lodging Trust sees FY2015 FFO of $2.33-$2.46, versus the consensus of $2.45.

Chatham Lodging Trust sees Q2 2015 FFO of $0.69-$0.74, versus the consensus of $0.71.

For earnings history and earnings-related data on Chatham Lodging Trust (CLDT) click here.

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