- Hersha Hospitality press release ( NYSE: HT ): Q4 FFO of $0.34 misses by $0.02 .
- Revenue of $96.47M (+3.2% Y/Y) in-line.
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- Comparable Portfolio Growth to the Fourth Quarter 2019 -
- ADR Growth of 21.5% -
- EBITDA Growth of 12.6% -
- EBITDA Margin Growth of 209 bps
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Outlook: For 1Q23, adjusted FFO is expected between $0.04 - $0.08 vs. consensus of $0.10; Adjusted EBITDA between $14.30M-$17.30M; Comparable Property Absolute RevPAR between $179M-$189M.
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Hersha Hospitality FFO of $0.34 misses by $0.02, revenue of $96.47M in-line