Ashford Hospitality Trust (AHT) Reports Q3 Loss, Lags Revenue Estimates

Core Insights - Ashford Hospitality Trust (AHT) reported a quarterly loss of $2.85 per share, significantly worse than the Zacks Consensus Estimate of a loss of $1.14, and compared to a loss of $1.71 per share a year ago [1] - The company posted revenues of $266.06 million for the quarter ended September 2025, missing the Zacks Consensus Estimate by 2.83% and down from $276.6 million year-over-year [2] - The stock has underperformed, losing about 35.1% since the beginning of the year, while the S&P 500 gained 16.5% [3] Financial Performance - The quarterly report represents an FFO surprise of -150.00%, with the actual FFO being $0.78 per share compared to an expected $1.83 per share, resulting in a surprise of -57.38% [1][2] - The current consensus FFO estimate for the upcoming quarter is -$3.54 on revenues of $267.9 million, and -$3.83 on revenues of $1.12 billion for the current fiscal year [7] Market Outlook - The sustainability of the stock's price movement will 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 top 35% of over 250 Zacks industries, suggesting a favorable outlook compared to the bottom 50% [8] Estimate Revisions - The estimate revisions trend for Ashford Hospitality Trust was mixed ahead of the earnings release, resulting in a Zacks Rank 3 (Hold) for the stock, indicating expected performance in line with the market [6] - Empirical research shows a strong correlation between near-term stock movements and trends in estimate revisions, which can be tracked by investors [5]