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Xenia Hotels & Resorts: Q2 Earnings Snapshot
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ORLANDO, Fla. (AP) — ORLANDO, Fla. (AP) — Xenia Hotels & Resorts Inc. (XHR) on Thursday reported a key measure of profitability in its second quarter.

The real estate investment trust, based in Orlando, Florida, said it had funds from operations of $57.7 million, or 61 cents per share, in the period.

Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

The company said it had a loss of $19.3 million, or 21 cents per share.

The real estate investment trust that owns hotels, based in Orlando, Florida, posted revenue of $295.5 million in the period.

Xenia Hotels & Resorts expects full-year funds from operations in the range of $1.96 to $2.08 per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on XHR at https://www.zacks.com/ap/XHR

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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