Chatham Lodging Trust Reports Q3 FFO Beat and Raises FY2026 Guidance
Chatham Lodging Trust (CLDT) reported third-quarter Funds From Operations (FFO) of $0.46 per diluted share, exceeding analyst expectations by $0.05. The company saw significant year-over-year growth in its core metrics, with adjusted FFO reaching $23 million, a 28% increase compared to the previous year. Driven by strong operational performance, the REIT also reported an adjusted EBITDA of $32 million, up 21% year-over-year. Following these results, Chatham Lodging Trust raised its full-year 2026 adjusted FFO per diluted share guidance to a range of $1.38 to $1.40.
Tickers: $CLDT