MEMPHIS, TN Equity Inns, a hotel real estate investment trust (REIT), expects fourth quarter and full-year 2000 earnings will be greater than current consensus analysts estimates. According to Howard Silver, president/COO Equity Inns, analysts are currently estimating that the company s fourth quarter FFO per share will be $0.21, with full-year 2000 FFO per share projected at $1.39. Based on higher-than-anticipated RevPAR in October and November, an approximate 5% increase, Equity Inns is raising its FFO estimates for the fourth quarter and full-year to $0.25 and $1.42, respectively. Silver noted that analysts are projecting FFO per share of $1.32 in 2001, and the company currently remains comfortable with that estimate. (12/14/00)
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