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Chesapeake Lodging Trust gives Q3 2014 earnings guidance; net income guidance below analysts' estimates; raises FY 2014 EBITDA guidance; raises low end of prior FY 2014 net income, FFO guidance


Monday, 4 Aug 2014 04:15pm EDT 

Chesapeake Lodging Trust:Expects Q3 2014 net income to be in the range of $15.5 to $17.0 mln.Expects Q3 2014 net income per diluted common to be in the range of $0.32 to $0.35.Expects Q3 2014 adjusted corporate EBITDA to be in the range of $40.5 to $42.2 mln.Expects Q3 2014 AFFO per diluted common share to be in the range of $0.61 to $0.64.Expects FY 2014 net income in the range of $40.6 to $44.5 mln (prior range of $39.7 to $ 44.5 mln).Expects FY 2014 net income per diluted common to be in the range of $0.83 - $0.91 (prior range of $0.81 to $ 0.91).Expects FY 2014 adjusted corporate EBITDA to be in the range of $134.0 to $138.2 mln (prior range of $132.7 to $138.0 mln).Expects FY 2014 AFFO per diluted common share to be in the range of $1.95 to $2.03 (prior range of $1.93 to $2.03).Q3 2014 net income of $18.6 mln, AFFO per share of $0.64 and EBITDA of $42.0 mln - Thomson Reuters I/B/E/S.FY 2014 AFFO per share of $2.01 and EBITDA of $137.6 mln - Thomson Reuters I/B/E/S. 

Company Quote

33.85
0.46 +1.38%
26 Nov 2014