Chatham Lodging (CLDT) Surpasses Q4 FFO and Revenue Estimates

Chatham Lodging (CLDT) came out with quarterly funds from operations (FFO) of $0.19 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to FFO of $0.20 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of 26.67%. A quarter ago, it was expected that this real estate investment trust would post FFO of $0.38 per share when it actually produced FFO of $0.40, delivering a surprise of 5.26%.Over the last four qua ...