Ashford Hospitality Trust: Q2 Earnings Snapshot DALLAS (AP) _ Ashford Hospitality Trust Inc. (AHT) on Tuesday reported a key measure of profitability in its second quarter, after reporting a loss in the same period a year earlier. The results surpassed Wall Street expectations. The real estate investment trust, based in Dallas, said it had funds from operations of $44.6 million, or $1.23 per share, in the period. The average estimate of three analysts surveyed by Zacks Investment Research was for funds from operations of 92 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 $9.3 million, or 27 cents per share. The hotel owner posted revenue of $348.1 million in the period, which also topped Street forecasts. Three analysts surveyed by Zacks expected $330.4 million. The company''s shares have declined nearly 4% since the beginning of the year. _____ This story was generated by Automated Insights (http:||automatedinsights.com|ap) using data from Zacks Investment Research.