Hersha Hospitality Trust Announces Second Quarter 2016 Results
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FBR Capital Cuts Price Target on Hersha Hospitality Trust (HT) Following Solid 2Q
July 29, 2016 7:06 AM EDTFBR Capital maintained an Outperform rating on Hersha Hospitality Trust (NYSE: HT), and cut the price target to $26.00 (from $28.00), following the company's 2Q earnings report. AFFO/ share came in at $0.89, versus the consensus estimate of $0.86.
Analyst Bryan Maher commented, "Hersha delivered a solid 2Q16 beat despite significant transaction activity. AFFO/ share came in at $0.89,... More
Hersha Hospitality Trust (HT) Reports In-Line Q2 FFO, Offers Guidance
July 27, 2016 5:32 PM EDTHersha Hospitality Trust (NYSE: HT) reported Q2 EPS of $0.88, in-line with the analyst estimate of $0.88. Revenue for the quarter came in at $127.7 million versus the consensus estimate of $130.11 million.
GUIDANCE:
Hersha Hospitality Trust sees FY2016 EPS of $2.48-$2.69, versus the... More
