Lasalle Hotel Properties (LHO) Tops Q1 EPS by 2c, Beats on Revenues; Boosts FY18 Outlook

Lasalle Hotel Properties (NYSE: LHO) reported Q1 EPS of ($0.10), $0.02 better than the analyst estimate of ($0.12). Revenue for the quarter came in at $223.02 million versus the consensus estimate of $217.28 million.

• First Quarter Results Meaningfully Exceeded LaSalle’s Expectations; EBITDA Outperformed Outlook by Approximately $6 Million or 15%
• First Quarter Unaffected Property RevPAR Flat
• Strong Growth in Corporate and International Travel Segments
• Increases Full Year 2018 Outlook

For earnings history and earnings-related data on Lasalle Hotel Properties (LHO) click here.

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