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Actionable news in LHO: LASALLE HOTEL PROPERTIES,

LaSalle Hotel Properties (LHO) Stock Retreating on Earnings Miss

NEW YORK (TheStreet) -- Shares of LaSalle Hotel Properties (LHO - Get Report) are tumbling by 10.65% to $28.23 on heavy trading volume on Friday afternoon, following the release of the company's 2015 third quarter earnings results, which fell short of analysts' expectations for the period.

The Bethesda, MD-based self-managed and self-administrated real estate investment trust reported earnings of 39 cents per diluted share. Earnings for the most recent quarter missed the 49 cents per share that analysts surveyed by Thomson Reuters had forecast.

Revenue for the period came in at $329.7 million, below the $335.70 million analysts had...


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