Chatham Lodging (CLDT) Q3 FFO Meet Estimates

Chatham Lodging (CLDT) came out with quarterly funds from operations (FFO) of $0.35 per share, in line with the Zacks Consensus Estimate. This compares to FFO of $0.40 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this real estate investment trust would post FFO of $0.36 per share when it actually produced FFO of $0.39, delivering a surprise of 8.33%.Over the last four quarters, the company has surpassed consensus FFO estimates three times.Chath ...