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MHI Hospitality Corp. (MDH) Tops Q2 FFO by 1c; Adjusts FY11 Outlook

August 9, 2011 8:02 AM EDT
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Price: $10.04 --0%

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MHI Hospitality Corp. (NASDAQ: MDH) reported Q2 adjusted FFO of $0.25, $0.01 better than the analyst estimate of $0.24. Revenue for the quarter came in at $23.13 million versus the consensus estimate of $24 million.

MHI Hospitality Corp. sees FY2011 adjusted FFO of $0.45-$0.60, versus the consensus of $0.56. Sees FY2011 revenue of $81.60-$83.60 million, versus the consensus of $84.00 million.


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