Brief: Sotherly Hotels Inc. Reports Financial Results For The First Quarter Ended March 31, 2022

Sotherly Hotels

12/05/2022 11:38

May 12 (Reuters) - Sotherly Hotels Inc  SOHO.O :
    * . REPORTS FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED
MARCH
31, 2022
    * Q1 REVENUE $38.4 MILLION
    * QTRLY  NET LOSS PER COMMON SHARE $0.15
    * FOR Q2 OF 2022, COMPANY EXPECTS COMPOSITE REVPAR TO BE
DOWN
APPROXIMATELY 1.0% COMPARED TO Q2 OF 2019
    * SOTHERLY HOTELS - DUE TO UNCERTAINTIES RELATED TO COVID-19
PANDEMIC AND ITS IMPACT ON TRAVEL, CO IS UNABLE TO PROVIDE
ADDITIONAL GUIDANCE FOR 2022
    * QTRLY FFO PER COMMON SHARE AND UNIT $0.10
    * QTRLY ADJUSTED FFO PER COMMON SHARE AND UNIT 0.07
    * Q1 EARNINGS PER SHARE VIEW $-0.07, REVENUE VIEW $42.6
MILLION --
REFINITIV IBES DATA
    * Q1 FFO PER SHARE VIEW $0.10 -- REFINITIV IBES DATA

Source text for Eikon:  ID:nGNX9cB105 
Further company coverage:  SOHO.O 

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