Chatham lodging Trust | 8-K: FY2025 Q3 Revenue Misses Estimate at USD 78.41 M

Revenue: As of FY2025 Q3, the actual value is USD 78.41 M, missing the estimate of USD 79.14 M.

EPS: As of FY2025 Q3, the actual value is USD 0.03, beating the estimate of USD 0.01.

EBIT: As of FY2025 Q3, the actual value is USD 16.07 M.

Net Income

• Net income applicable to common shareholders was $2 million for both the third quarter of 2025 and 2024. Net income per diluted common share was $0.03 in 2025 compared to $0.05 in 2024.

Hotel Margins

• GOP margins decreased by 90 basis points to 44%, and Hotel EBITDA margins decreased by 30 basis points to 37%.

Adjusted EBITDA

• Adjusted EBITDA declined by $4 million to $26 million from $30 million, with $2 million of the decline due to the impact from hotels sold.

Adjusted FFO

• Adjusted FFO was $16 million in Q3 2025 compared to $18 million in Q3 2024. Adjusted FFO per diluted share was $0.32, down from $0.35 in the previous year.

Cash Flow

• Cash flow before CapEx was $18 million in Q3 2025, down from $20 million in Q3 2024.

Credit Facility

• The company executed a new $500 million credit facility, upsized from the previous $400 million facility.

Asset Recycling

• Entered into a contract to sell a 26-year-old hotel for $17.4 million, with closing expected in Q4 2025.

Outlook / Guidance

• The company expects RevPAR to decline by 2.5% to 3.5%. No additional acquisitions, dispositions, debt, or equity issuance are anticipated. Adjusted EBITDA for 2025 is projected to be between $89.2 million and $90.8 million.