Sotherly Hotels Expects 3Q23 Total Revenue Of $39.101M-$41.04M; Adjusted FFO Per Unit Of $0.03-$0.06
Portfolio Pulse from Benzinga Newsdesk
Sotherly Hotels has provided its Q3 2023 guidance, expecting total revenue to be between $39.101M and $41.04M. The company also anticipates an adjusted FFO per unit of $0.03-$0.06.
August 10, 2023 | 10:37 am
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Sotherly Hotels expects Q3 2023 total revenue of $39.101M-$41.04M and adjusted FFO per unit of $0.03-$0.06.
The company's guidance for Q3 2023 indicates a stable financial outlook. However, the impact on the stock price will depend on how these expectations compare to market estimates and the company's performance in the coming quarters.
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