NYSE:CLDTHotel and Resort REITs
Chatham Lodging Trust (CLDT) Profit Relies on $8.8M One-Off Gain, Challenging Earnings Narratives
Chatham Lodging Trust (CLDT) recently turned profitable, with net profit margins moving higher over the past year and earnings growing 66.8% annually over the past five years as the company made its transition. However, this year's numbers are clouded by a one-off gain of $8.8 million, making it hard to get a clear read on the underlying trend in recurring earnings. While investors have reason to watch for continued momentum, the recurring quality of these gains remains a central point for...