Brief: Sotherly Hotels Reports Financial Results For The Fourth Quarter

Sotherly Hotels

02/03/2023 12:19

March 2 (Reuters) - Sotherly Hotels Inc  SOHO.O :
    * SOTHERLY HOTELS INC REPORTS FINANCIAL RESULTS FOR THE
FOURTH
QUARTER AND YEAR ENDED DECEMBER 31, 2022
    * QTRLY ADJUSTED FFO PER COMMON SHARE AND UNIT $0.41
    * QTRLY FFO PER COMMON SHARE AND UNIT $0.40
    * QTRLY  REVENUE UP ABOUT $41.3 MILLION FROM $35.1 MILLION
LAST
YEAR
    * SEES Q1 2023 ADJUSTED FFO PER COMMON SHARE AND UNIT
$0.21-$0.24
    * SEES Q1 2023 FFO PER COMMON SHARE AND UNIT $0.20-$0.23
    * SEES Q1 2023 TOTAL REVENUE $42.3 MILLION- $44.3 MILLION

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