Sotherly Hotels Q1 FFO $0.24 Up From $0.07 YoY, Sales $43.49M Miss $44.30M Estimate

Sotherly Hotels (NASDAQ:SOHO) reported quarterly FFO of $0.24 per share. This is a 242.86 percent increase over earnings of $0.07 per share from the same period last year. The company reported quarterly sales of $43.49 million which missed the analyst consensus estimate of $44.30 million by 1.83 percent. This is a 13.39 percent increase over sales of $38.35 million the same period last year.