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Ashford Hospitality Trust: Q3 Earnings Snapshot
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DALLAS (AP) — DALLAS (AP) — Ashford Hospitality Trust Inc. (AHT) on Friday reported a loss in a key measure in its third quarter.

The Dallas-based real estate investment trust said it had a funds from operations loss of $14.5 million, or $2.22 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 net income of $2.5 million, or 12 cents per share.

The hotel owner posted revenue of $214.4 million in the period.

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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 AHT at https://www.zacks.com/ap/AHT

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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