Ashford hospitality trust announces preliminary first quarter results for 2024

Dallas , april 30, 2024 /prnewswire/ -- ashford hospitality trust, inc. (nyse: aht) ("ashford trust" or the "company") today announced its preliminary expectations for net income attributable to common stockholders, adjusted ebitdare, and adjusted ffo for the first quarter ended march 31, 2024. the company reported today a preliminary estimated range of net income attributable to common stockholders of approximately $66.4 million to $68.4 million or $0.59 to $0.61 per share, a preliminary estimated range of adjusted ebitdare of $58.5 million to $60.5 million, and a preliminary estimated range of adjusted ffo available to common stockholders and op unitholders of $(14.7) million to $(12.7) million for the first quarter ended march 31, 2024.
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