Chesapeake Lodging Trust (CHSP) Tops Q1 AFFO by 9c; RevPAR Up 8.9%
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Chesapeake Lodging Trust (NYSE: CHSP) reported Q1 adjusted FFO of $0.07, $0.09 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $24 million versus the consensus estimate of $25.06 million.
Pro forma RevPAR for the first quarter 2011 increased 8.9 percent.
Pro forma RevPAR for the first quarter 2011 increased 8.9 percent.
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