Ashford Hospitality Trust: Q3 Earnings Snapshot

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DALLAS (AP) — DALLAS (AP) — Ashford Hospitality Trust Inc. (AHT) on Tuesday reported a loss in a key measure in its third quarter.

The Dallas-based real estate investment trust said it had a funds from operations loss of $8.8 million, or $1.71 per share, in the period.

Funds from operations is a closely watched measure in the REIT industry. It takes net income and adds back items such as depreciation and amortization.

The company said it had a loss of $63.2 million, or $12.39 per share.

The hotel owner posted revenue of $276.6 million in the period.

The company's shares have fallen 68% since the beginning of the year.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AHT at https://www.zacks.com/ap/AHT