Hospitality Properties Q3 Results Top View - Quick Facts

(RTTNews) - Hospitality Properties Trust (HPT) Tuesday said third-quarter net income available for common shareholders increased to $44.03 million from $16.74 million last year. Earnings per share grew to $0.29 from $0.12.

Normalized FFO per share increased to $0.86 from $0.76 in the prior year. On average, seven analysts polled by Thomson Reuters expected earnings of $0.82 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues improved to $459.64 million from $412.28 million last year. Analysts expected revenues of $436.66 million.