Chatham Lodging Q3 AFFO $0.40 Down From $0.50 YoY, Sales $86.74M Beat $86.29M Estimate

Chatham Lodging (NYSE:CLDT) reported quarterly adjusted funds from operations of $0.40 per share. This is a 20 percent decrease over earnings of $0.50 per share from the same period last year. The company reported quarterly sales of $86.74 million which beat the analyst consensus estimate of $86.29 million by 0.52 percent. This is a 1.31 percent decrease over sales of $87.89 million the same period last year.