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MHI Hospitality Corp Narrows FY 2012 Revenue Outlook To A Range Below Estimates; Lowers FY 2012 Net Income And EPS Outlook; Raises FY 2012 EBITDA Outlook; Raises Low End Of Prior FY 2012 FFO Outlook


Tuesday, 6 Nov 2012 09:00am EST 

MHI Hospitality Corporation announced that for fiscal 2012, the Company expects total revenue of $84.5-86.7 million, net loss of $(8.495)-$(8.220) million, EBITDA of $14.925-15.345 million, adjusted EBITDA of $19.475-20.095 million, net loss per diluted share attributable to the Company of $(0.65)-$(0.63), FFO per diluted share and unit of $0.06-$0.08 and adjusted FFO per diluted share and unit of $0.65-$0.70. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $87 million and FFO of $0.68 for fiscal 2012. 

Company Quote

7.65
-0.15 -1.92%
4:00pm EDT