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.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100