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Chesapeake Lodging Trust (CHSP.N)

CHSP.N on New York Stock Exchange

23.45USD
24 Mar 2017
Change (% chg)

$-0.07 (-0.30%)
Prev Close
$23.52
Open
$23.56
Day's High
$23.65
Day's Low
$23.38
Volume
117,902
Avg. Vol
149,689
52-wk High
$27.07
52-wk Low
$20.81

Latest Key Developments (Source: Significant Developments)

Chesapeake Lodging Trust Q4 adjusted FFO per share $0.48
Wednesday, 22 Feb 2017 04:15pm EST 

Chesapeake Lodging Trust : Chesapeake Lodging Trust reports fourth quarter results . Q4 adjusted FFO per share $0.48 . Sees Q1 AFFO per diluted common share $ 0.35 - $ 0.38 . Sees 2017 AFFO per diluted common share $ 2.10 - $ 2.20 . Chesapeake lodging trust says "expect 2017 to be a challenging year for our hotel portfolio" . Chesapeake Lodging -hotel portfolio is expected to be hurt in 2017 as result of planned temporary closure, expansion of moscone center in San Francisco . Q1 FFO per share view $0.41 -- Thomson Reuters I/B/E/S . Q4 FFO per share view $0.47 -- Thomson Reuters I/B/E/S .Fy2017 FFO per share view $2.35 -- Thomson Reuters I/B/E/S.  Full Article

Chesapeake Lodging Trust Q2 adjusted FFO per share $0.75
Friday, 29 Jul 2016 09:00am EDT 

Chesapeake Lodging Trust : Qtrly total revenue $169.4 million versus $162.1 million . Sees full year 2016 net income per diluted common share $ 1.18 to $ 1.27 . Q2 revenue view $171.2 million -- Thomson Reuters I/B/E/S . Sees q3 2016 affo per diluted common share $0.72 to $0.76 . Chesapeake Lodging Trust reports second quarter results . Q2 adjusted FFO per share $0.75 . Q2 FFO per share view $0.74 -- Thomson Reuters I/B/E/S .Sees q3 2016 net income per diluted common share of $0.40 to $0.44.  Full Article

Chesapeake Lodging says for quarter ended June 30 expects revpar to increase 2.2 pct on a pro forma basis
Tuesday, 12 Jul 2016 04:16pm EDT 

Chesapeake Lodging Trust : Chesapeake lodging trust reports preliminary second quarter results . Chesapeake lodging trust says for quarter ended june 30, 2016 expects revpar to increase 2.2% on a pro forma basis .Sees qtrly affo per share to be near midpoint of guidance ranges previously provided.  Full Article

Chesapeake Lodging Trust gives Q1, FY 2016 outlook
Monday, 25 Jan 2016 07:31am EST 

Chesapeake Lodging Trust:Expects Q1 2016 net income per diluted common share of $0.06 - $0.09.Expects Q1 2016 adjusted corporate EBITDA of $31.2 - $32.7 million.Expects Q1 2016 AFFO per diluted common share of $0.37 - $0.40.Expects Q1 2016 pro forma RevPAR increase over 2015 of 6.0-8.0 pct.Expects Q1 2016 adjusted Hotel EBITDA of $36.3 - $38.0 million.Expects FY 2016 net income per diluted common share of $1.24 - $1.34.Expects FY 2016 adjusted corporate EBITDA of $193.6 - $200.1 million.Expects FY 2016 AFFO per diluted common share of $2.50 - $2.60.Expects FY 2016 pro forma RevPAR increase over 2015 of 5.0-7.0 pct.Expects FY 2016 adjusted Hotel EBITDA of $213.0 - $220.3 million.  Full Article

Chesapeake Lodging Trust declares dividends for the fourth quarter
Thursday, 17 Dec 2015 04:15pm EST 

Chesapeake Lodging Trust:Declared a quarterly dividend payment of $0.40 per common share.Dividend will be paid on January 15, 2016 to shareholders of record at the close of business on December 31.  Full Article

Chesapeake Lodging Trust updates Q3, FY 2015 outlook; announces $100 million share repurchase program
Tuesday, 29 Sep 2015 07:30am EDT 

Chesapeake Lodging Trust:Provides updated 2015 outlook and announces $100 million share repurchase program.Expect to achieve previously provided outlook on revpar growth for hotel portfolio for the third quarter and full year.Sees Q3 2015 2015 AFFO per diluted common share $0.72 to $0.74.See Q3 2015 AFFO earnings per share $0.72 to $0.74.Sees Q3 2015 pro forma revpar increase over 2014 6.8% - 7.1%.Sees FY 2015 AFFO per diluted common share in the range of $ 2.24 $ 2.28.Q3 2015 FFO per share view $0.75 - Thomson Reuters I/B/E/S.FY 2015 FFO per share view $2.32 - Thomson Reuters I/B/E/S.Adjusting outlook for second half of 2015 to primarily reflect a change in expectations in composition of revpar growth.Sees FY 2015 pro forma revpar increase over 2014 6.5% - 7.25%.Adjusted outlook reflect weaker than expected results in late August and early September as a result of the labor day shift.Adjusting outlook for 2nd half of 2015 to reflect larger than expected increase in property taxes at two Chicago hotels.  Full Article

Chesapeake Lodging Trust gives Q3 2015 guidance; updates FY 2015 guidance
Thursday, 30 Jul 2015 04:16pm EDT 

Chesapeake Lodging Trust:Expects Q3 2015 net income in the range of $25.3 to $27.4 million.Expects Q3 2015 net income per diluted common share in the range of $0.43 to $0.46.Expects Q3 2015 adjusted corporate EBITDA in the range of $54.7 to $57.0 million.Expects Q3 2015 AFFO per diluted common share in the range of $0.73 to $0.77.Expects Q3 2015 Pro forma RevPAR increase of 6.5 pct. to 8.5 pct. over 2014.Expects FY 2015 net income in the range of $61.7 to $66.9 million (prior guidance $63.2 to $68.9 million).Expects FY 2015 net income per diluted common share in the range of $1.07 to $1.15 (prior guidance $1.09 to $1.19).Expects FY 2015 adjusted Corporate EBITDA in the range of $175.9 to $181.6 million (prior guidance $174.9 to $181.2 million).Expects FY 2015 AFFO per diluted common share in the range of $2.27 to $2.35 (prior guidance $2.25 to $2.35).Expects FY 2015 Pro forma RevPAR increase of 6.5 pct. to 8.5 pct. pct over 2014 (prior guidance 6.5 pct. to 8.5 pct.).  Full Article

Chesapeake Lodging Trust declares dividend for Q2
Wednesday, 20 May 2015 01:25pm EDT 

Chesapeake Lodging Trust:Declares quarterly dividend payment of $0.35 per common share.Payable on July 15 to shareholders of record date as of June 30.  Full Article

Chesapeake Lodging Trust gives Q2 2015 pro forma RevPAR guidance; gives Q2 2015 earnings guidance below analysts' estimates; lowers FY 2015 pro forma RevPAR guidance; raises FY 2015 earnings guidance
Thursday, 30 Apr 2015 04:15pm EDT 

Chesapeake Lodging Trust:Expects Q2 2015 net income in the range of $20.1 to $21.9 million.Expects Q2 2015 net income per diluted common share in the range of $0.34 to $0.37.Expects Q2 2015 adjusted Corporate EBITDA in the range of $52.5 to $54.5 million.Expects Q2 2015 AFFO per diluted common share in the range of $0.63 to $0.67.Expects Q2 2015 Pro forma RevPAR increase of 5.5pct to 7.5pct over 2014.Expects FY 2015 net income in the range of $63.2 to $68.9 million.Expects FY 2015 net income per diluted common share in the range of $1.09 to $1.19.Expects FY 2015 adjusted Corporate EBITDA in the range of $174.9 to $181.2 million.Expects FY 2015 AFFO per diluted common share in the range of $2.25 to $2.35.Expects FY 2015 Pro forma RevPAR increase of 6.5pct to 8.5pct pct over 2014.Q2 2015 net income of $28 million, EBITDA of $55.4 million and FFO of $0.76 - Thomson Reuters I/B/E/S.FY 2015 net income of $70.8 million, EBITDA of $173.4 million and FFO of $2.33 - Thomson Reuters I/B/E/S.  Full Article

Chesapeake Lodging Trust acquires Ace Hotel and Theater Downtown Los Angeles
Thursday, 30 Apr 2015 04:05pm EDT 

Chesapeake Lodging Trust:Closes on the acquisition of the Ace Hotel Downtown and The Theater at Ace Hotel, located in Los Angeles, California for a purchase price of $103.0 million, or approximately $566,000 per key.Trust entered into a new management agreement with Ace Hotel Group to continue to brand and operate the hotel.  Full Article

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BRIEF-Chesapeake Lodging Q3 adjusted FFO per share $0.71

* Chesapeake Lodging Trust sees Q4 AFFO earnings per share $0.44 - $0.48