Chatham Lodging (CLDT) Q4 FFO and Revenues Top Estimates

Core Insights - Chatham Lodging (CLDT) reported quarterly funds from operations (FFO) of $0.20 per share, exceeding the Zacks Consensus Estimate of $0.18 per share, and showing an increase from $0.19 per share a year ago, resulting in an FFO surprise of 11.11% [1] - The company achieved revenues of $75.11 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.69% and increasing from $72.28 million year-over-year [2] - Chatham Lodging has outperformed consensus FFO estimates three times over the last four quarters and has topped consensus revenue estimates two times in the same period [2] Financial Performance - The current consensus FFO estimate for the upcoming quarter is $0.14 on revenues of $71.7 million, while the estimate for the current fiscal year is $1.12 on revenues of $329.39 million [7] - The stock has underperformed the market, losing approximately 9.6% since the beginning of the year compared to the S&P 500's gain of 1.3% [3] Market Outlook - The sustainability of Chatham Lodging's stock price movement will largely depend on management's commentary during the earnings call and future FFO expectations [3][4] - The Zacks Industry Rank indicates that the REIT and Equity Trust - Other sector is currently in the bottom 46% of over 250 Zacks industries, suggesting potential challenges ahead [8]