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Ashford Hospitality Trust Q1 Loss Narrows

Ashford Hospitality Trust Inc. (AHT), Wednesday reported first-quarter net loss attributable to common shareholders was $23.2 million or $0.34 per share, compared to $29.5 million or $0.44 per share last year.

Adjusted FFO available to common shareholders for the quarter was $0.35 per share, compared to $0.28 per share last year. On average, 11 analysts polled by Thomson Reuters expected FFO of $0.35 per share for the quarter. Analysts' estimates typically exclude special items

Total revenues for the quarter grew to $231.9 million from $217.1 million last year. Analysts estimated revenues of $233.7 million for the quarter.

by RTTNews Staff Writer

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