Xenia Hotels & Resorts (XHR) Tops Q2 FFO and Revenue Estimates

Xenia Hotels & Resorts (XHR) came out with quarterly funds from operations (FFO) of $0.57 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to FFO of $0.52 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of +32.56%. A quarter ago, it was expected that this real estate investment trust that owns hotels would post FFO of $0.42 per share when it actually produced FFO of $0.51, delivering a surprise of +21. ...