Sotherly Hotels Q1 Adj. FFO $0.22 Beats $0.16 Estimate, Sales $48.31M Beat $47.40M Estimate

Sotherly Hotels (NASDAQ:SOHO) reported quarterly earnings of $0.22 per share which beat the analyst consensus estimate of $0.16 by 37.5 percent. This is a 15.38 percent decrease over earnings of $0.26 per share from the same period last year. The company reported quarterly sales of $48.31 million which beat the analyst consensus estimate of $47.40 million by 1.92 percent. This is a 3.79 percent increase over sales of $46.55 million the same period last year.