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Xenia Hotels & Resorts (XHR) Tops Q2 FFO and Revenue Estimates

Xenia Hotels & Resorts (XHR) came out with quarterly funds from operations (FFO) of 0.57pershare,beatingtheZacksConsensusEstimateof0.57 per share, beating the Zacks Consensus Estimate of 0.43 per share. This compares to FFO of 0.52pershareayearago.Thesefiguresareadjustedfornonrecurringitems.ThisquarterlyreportrepresentsanFFOsurpriseof+32.560.52 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of +32.56%. A quarter ago, it was expected that this real estate investment trust that owns hotels would post FFO of 0.42 per share when it actually produced FFO of $0.51, delivering a surprise of +21. ...