Chatham Lodging Trust Announces First Quarter 2019 Results

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Go back to Chatham Lodging Trust Announces First Quarter 2019 Results

Chatham Lodging Trust (CLDT) Reports Q1 EPS of $0.03, Revenues Miss; Offers Q2 & FY19 EPS/Revenue Mid-Point Below Consensus

May 1, 2019 6:33 AM EDT

Chatham Lodging Trust (NYSE: CLDT) reported Q1 EPS of $0.03, versus $0.06 reported last year. Revenue for the quarter came in at $75.68 million versus the consensus estimate of $76.14 million.

Overall, we are pleased with our first quarter results, delivering RevPAR in line with our guidance, while beating our adjusted EBITDA, AFFO and AFFO per share guidance, driven by higher than forecast operating margins, Fisher... More