Ashford Hospitality Belief (AHT) got here out with quarterly funds from operations (FFO) of $0.22 per share, beating the Zacks Consensus Estimate of $0.18 per share. This compares to FFO of $0.18 per share a 12 months in the past. These figures are adjusted for non-recurring gadgets.
This quarterly report represents an FFO shock of 22.22%. 1 / 4 in the past, it was anticipated that this lodge proprietor would submit FFO of $0.27 per share when it really produced FFO of $0.28, delivering a shock of three.70%.
Over the past 4 quarters, the corporate has surpassed consensus FFO estimates two instances.
Ashford Hospitality Belief, which belongs to the Zacks REIT and Fairness Belief – Different trade, posted revenues of $354.66 million for the quarter ended December 2019, surpassing the Zacks Consensus Estimate by 0.89%. This compares to year-ago revenues of $343.49 million. The corporate has topped consensus income estimates 4 instances during the last 4 quarters.
The…