Ashford Prime Reports First Quarter 2017 Results

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Go back to Ashford Prime Reports First Quarter 2017 Results

Ashford (AINC) Tops Q1 EPS by 33c

May 4, 2017 4:22 PM EDT

Ashford (NYSE: AINC) reported Q1 EPS of $1.92, $0.33 better than the analyst estimate of $1.59. Revenue for the quarter came in at $13 million versus the consensus estimate of $16.9 million.

Net loss attributable to the Company for the first quarter of 2017 totaled $2.4 million, or $1.18... More

Ashford Hospitality Prime (AHP) Reports Q1 AFFO of $0.46

May 3, 2017 4:19 PM EDT

Ashford Hospitality Prime (NYSE: AHP) reported Q1 AFFO of $0.46, versus $0.39 reported last year.

Net loss attributable to common stockholders for the quarter was $1.7 million or $0.07 per diluted shareComparable RevPAR for all hotels increased 2.5% to $221.11 during the first quarterComparable RevPAR for all hotels not under renovation increased 5.8% to $284.67 during the first quarterAdjusted funds from operations (AFFO) was $0.46 per diluted share for the quarter as compared with $0.39 per diluted share from the prior-year quarter, an increase of... More