Chatham (CLDT) EPS Drops 30%
Chatham Lodging Trust (NYSE:CLDT), a real estate investment trust focused on upscale extended-stay and select-service hotels, announced results for the second quarter on August 6, 2025. The trust reported earnings per share (EPS) of $0.07 for Q2 2025. Only non-GAAP EPS for Q2 2025 was ahead of analyst expectations; revenue was below estimates and EPS was lower than the same period last year. Non-GAAP EPS beat the consensus of $0.06 for Q2 2025, while non-GAAP revenue was $28.5 million, below the analysts' estimate of $79.7 million. Adjusted funds from operations (FFO) per diluted share reached $0.36 in Q2 2025, at the top end of guidance. Despite a flat industry backdrop, the quarter saw stable hotel operating margins and continued capital return to shareholders. Non-GAAP revenue declined in Q2 2025, Chatham delivered solid execution and achieved guidance targets amid sluggish demand in parts of the portfolio.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2025 earnings report.
The trust specializes in owning upscale extended-stay and select-service hotels in major U.S. markets. By using a real estate investment trust (REIT) structure, it avoids federal income tax on distributed earnings as a REIT but must pay out at least 90 % of taxable income to shareholders.
Source Fool.com
