Benzinga | Nov 9, 2020 04:26PM EST

Hersha Hospitality Q3 AFFO $(0.46) Down From $0.53 YoY, Sales $33.75M Miss $41.44M Estimate

Hersha Hospitality (NYSE:HT) reported quarterly losses of $(0.46) per share. This is a 186.79 percent decrease over earnings of $0.53 per share from the same period last year. The company reported quarterly sales of $33.75 million which missed the analyst consensus estimate of $41.44 million by 18.57 percent. This is a 75.00 percent decrease over sales of $135.00 million the same period last year.