Chesapeake Lodging Trust Reports Earnings Guidance for the First Quarter and Full Year of 2019
February 21, 2019 at 04:30 pm EST
Chesapeake Lodging Trust reported earnings guidance for the first quarter and full year of 2019. For the quarter, the company expects net income to be in the range of $6.1 million to $7.5 million. Net income per diluted share is expected to be in the range of $0.10 to $0.12. Total revenue is expected to be in the range of $131,900,000 to $134,650,000.
For the year, the company expects net income to be in the range of $66.6 million to $72.6 million. Net income per diluted share is expected to be in the range of $1.11 to $1.21. Total revenue is expected to be in the range of $599,500,000 to $610,500,000.