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Chesapeake Lodging Trust offers Q1'18, FY'18 guidance

Hotel real estate investment trust Chesapeake Lodging Trust provided guidance for its adjusted funds from operations per share for the first quarter and the full year 2018.

The company is projecting AFFO per share of between 39 cents and 42 cents for the first quarter and between $2.33 and $2.43 for the full year.

The S&P Capital IQ consensus FFO-per-share estimates for the first quarter and full year are 46 cents and $2.39, respectively.