Xenia Hotels & Resorts (XHR) Surpasses Q2 FFO Estimates

Xenia Hotels & Resorts (XHR) came out with quarterly funds from operations (FFO) of $0.52 per share, beating the Zacks Consensus Estimate of $0.49 per share. This compares to FFO of $0.47 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an FFO surprise of 6.12%. A quarter ago, it was expected that this real estate investment trust that owns hotels would post FFO of $0.38 per share when it actually produced FFO of $0.44, delivering a surprise of 15.79 ...