earnings
confidence high
sentiment neutral
materiality 0.60
Chatham Lodging Q2 RevPAR +5% to $144; AFFO $0.43/sh; dividend $0.07
Chatham Lodging Trust
2023-Q2 EPS reported
$0.01
revenue$152,091,000
- Net income $9.4M flat YoY; diluted EPS $0.15; AFFO up 5% to $21.8M ($0.43/sh).
- Hotel EBITDA margin 41.3% vs 41.9% a year ago; GOP margin 48.5% vs 49.2%.
- Repaid $16M mortgage in Q2 and $19.7M maturing mortgage in July 2023.
- Common dividend declared at $0.07/share (payable July 17, record June 30).
- No 2023 guidance provided due to hotel industry uncertainty.