Hersha Hospitality Trust (HT) Reports In-Line Q1 EPS; Raises Outlook; Approves Dividend

Hersha Hospitality Trust (NYSE: HT) reported Q1 EPS of $0.02, in-line with the analyst estimate of $0.02. Revenue for the quarter came in at $65.51 million versus the consensus estimate of $63.4 million.

Raises Outlook.

For the first quarter of 2012, the Company paid dividends of $0.06 per common share and OP Unit and $0.50 per Series A and Series B preferred share.

For earnings history and earnings-related data on Hersha Hospitality Trust (HT) click here.

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