Hersha Hospitality Trust (HT) Misses Q1 EPS by 5c

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Go back to Hersha Hospitality Trust (HT) Misses Q1 EPS by 5c

Hersha Hospitality Trust Announces First Quarter 2023 Results

April 26, 2023 4:10 PM EDT

    - First Quarter 2023 Net Loss of $(0.38) Per Share -

- First Quarter 2023 Adjusted Funds from Operations1 of $0.02 Per Share -

- Comparable Excluding Renovations Portfolio Growth to the First Quarter 2019 -

- ADR Growth of 20.9% -

- EBITDA Growth of 18.9% -

- EBITDA Margin Growth of 196 bps -

PHILADELPHIA, April 26, 2023 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (Hersha, Company, we or our), owner of high-quality hotels in urban gateway markets and regional resort destinations, today announced results for the first quarter ended... More