Chesapeake Lodging Trust Reports Third Quarter Results

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Chesapeake Lodging Trust (CHSP) Posts EPS of $0.40, AFFO of $0.71

November 1, 2016 5:41 PM EDT

Chesapeake Lodging Trust (NYSE: CHSP) reported Q3 EPS of $0.40, versus the analyst estimate of $0.46. Revenue for the quarter came in at $164.5 million versus the consensus estimate of $167.65 million.

AFFO was $0.71.

Pricing pressure from corporate customers continues to be the primary headwind for our portfolio... More