Strategic Hotels & Resorts (BEE) Tops Q3 FFO by 2c; Boosts FY14 FFO Outlook
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Strategic Hotels & Resorts (NYSE: BEE) reported Q3 FFO of $0.23, $0.02 better than the analyst estimate of $0.21. Revenue for the quarter came in at $305.3 million versus the consensus estimate of $296.4 million.
Strategic Hotels & Resorts sees FY2014 FFO of $0.65 - $0.69, versus prior guidance of $0.62 - $0.68 and the consensus of $0.67.
For earnings history and earnings-related data on Strategic Hotels & Resorts (BEE) click here.
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