Braemar Hotels & Resorts (BHR) Reports Q3 Loss, Misses Revenue Estimates

Braemar Hotels & Resorts (BHR) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of$ 0.04. This compares to loss of $0.08 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -500%. A quarter ago, it was expected that this hotel owner would post FFO of$ 0.13 per share when it actually produced FFO of $0.10, delivering a surprise of -23.08%.Over the last four quarters, the company has surpass ...