Keefe, Bruyette & Woods Reports Improving Results On Felcor Lodging

According to Keefe, Bruyette & Woods, Felcor Lodging Trust FCH is seeing improving results. Keefe, Bruyette & Woods said that, “Following FCH's 1Q11 earnings and conference call, it is increasing 2011E FFO to $0.29 from $0.23, reflecting lower interest expense ($0.04) and modest improvement in its EBITDA outlook.” Felcor Lodging Trust closed yesterday at $6.49.