Xenia Hotels & Resorts (XHR) Misses Q3 FFO and Revenue Estimates

Xenia Hotels & Resorts (XHR) came out with quarterly funds from operations (FFO) of $0.25 per share, missing the Zacks Consensus Estimate of$ 0.29 per share. This compares to FFO of $0.26 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an FFO surprise of -13.79%. A quarter ago, it was expected that this real estate investment trust that owns hotels would post FFO of$ 0.49 per share when it actually produced FFO of $0.52, delivering a surprise of 6.12 ...