Hospitality Properties Trust (HPT) Misses Q1 FFO by 6c
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Hospitality Properties Trust Announces First Quarter 2019 Results
May 10, 2019 7:00 AM EDTFirst Quarter Net Income of $1.37 Per Common Share
First Quarter Normalized FFO of $0.88 Per Common Share
NEWTON, Mass.--(BUSINESS WIRE)-- Hospitality Properties Trust (Nasdaq: HPT) today announced its financial results for the quarter ended March31, 2019:
Three Months Ended March 31, 2019 2018 ($ in thousands, except per share and RevPAR data) Net income $ 225,787 $ 80,206 Net income per common share $ 1.37 $ 0.49 Adjusted EBITDAre (1) $ 195,901 $ 202,956 Normalized FFO (1) $ 144,640... More