Published on 2 Aug 2022 on Zacks via Yahoo Finance
Ashford Hospitality Trust (AHT) Tops Q2 FFO and Revenue Estimates
Ashford Hospitality Trust (AHT) came out with quarterly funds from operations (FFO) of $1.23 per share, beating the Zacks Consensus Estimate of $0.92 per share. This compares to FFO of $0.04 per share a year ago. These figures are adjusted for non-recurring items.
This quarterly report represents an FFO surprise of 33.70%. A quarter ago, it was expected that this hotel owner would post a loss of $0.04 per share when it actually produced a loss of $0.04, delivering no surprise.
Over the last four quarters, the company has surpassed consensus FFO estimates two times.