BHRBraemar Hotels & Resorts Inc.

$170M

Q3 2019 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$119M+9.2% YoY

Gross Profit

$29M24.3% margin

Operating Income

$7M6.2% margin

Net Income

-$9M-7.9% margin

EPS (Diluted)

$-0.29

QoQ Revenue Growth

+0.3%

Cash Flow

Operating Cash Flow

$16M

Free Cash Flow

-$10M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$1.3B

Stockholders' Equity

$470M

Cash & Equivalents

$83M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$119M	$109M	+9.2%
Gross Profit	$29M	$29M	+0.4%
Operating Income	$7M	$11M	-34.8%
Net Income	-$9M	-$2M	-402.3%

Revenue Segments

Hotel

$119M50%

Occupancy

$77M32%

Food and Beverage

$26M11%

Hotel, Other

$16M7%

Product and Service, Other

$2,0000%

Geographic Segments

CALIFORNIA

$91M38%

FLORIDA

$31M13%

DISTRICT OF COLUMBIA

$26M11%

WASHINGTON

$25M10%

ILLINOIS

$20M9%

COLORADO

$18M8%

PENNSYLVANIA

$17M7%

VIRGIN ISLANDS, US

$9M4%

BHR Q3 2019 Earnings — Braemar Hotels & Resorts Inc. Revenue & Financial Results | Market Cap Arena