ORLANDO, Fla. (AP) _ Xenia Hotels & Resorts Inc. (XHR) on Tuesday reported a key measure of profitability in its third quarter. The results beat Wall Street expectations.

The real estate investment trust, based in Orlando, Florida, said it had funds from operations of $15.3 million, or 13 cents per share, in the period.

The average estimate of three analysts surveyed by Zacks Investment Research was for funds from operations of 6 cents per share.

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 $22.2 million, or 20 cents per share.

The real estate investment trust that owns hotels, based in Orlando, Florida, posted revenue of $172.8 million in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $170 million.

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

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