Sotherly Hotels Inc

NASDAQ:SOHO   3:59:40 PM EDT
2.27
0.00 (0.00%)
Other Pre-Announcement

Sotherly Hotels Reports Qtrly Adjusted FFO Loss Per Share $0.55

Published: 11/09/2020 12:49 GMT
Sotherly Hotels Inc (SOHO) - Reports Financial Results for the Third Quarter Ended September 30, 2020.
Q3 Revenue Fell 66.1 Percent.
Qtrly Revenue $14.4 Million Versus $42.6 Million.
Qtrly Loss per Share $0.86; Qtrly FFO Loss per Share $0.53; Qtrly Adjusted FFO Loss per Share $0.55.
Unable to Provide Guidance for 2020.
Estimates Average Monthly Cash Use Across Its Portfolio for Q4 to Be About $2.0 Million (excluding Capital Investments).
Qtrly Room Revpar for Co's Composite Portfolio Decreased 63.3% to $36.68.