Braemar hotels & resorts announces preliminary third quarter 2022 results

Dallas , oct. 26, 2022 /prnewswire/ -- braemar hotels & resorts inc. (nyse: bhr) (the "company" or "braemar"), announced today its preliminary expectations for net loss attributable to common stockholders, adjusted ebitdare, and adjusted ffo for the third quarter ended september 30, 2022. the company reported today a preliminary estimated range of net loss attributable to common stockholders of approximately $(14.7) million to $(13.3) million, or $(0.21) to $(0.19) per share, a preliminary estimated range of adjusted ebitdare of $33.3 million to $34.7 million, and a preliminary estimated range of adjusted ffo available to common stockholders and op unitholders of $12.0 million to $13.4 million for the third quarter ended september 30, 2022.
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