BHR Q3 2024 Earnings — Braemar Hotels & Resorts Inc. Revenue & Financial Results | Market Cap Arena

BHRBraemar Hotels & Resorts Inc.

$177M

Q3 2024 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$148M-7.1% YoY

Gross Profit

$16M10.8% margin

Operating Income

$70M47.4% margin

Net Income

$13M8.5% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

-20.9%

Cash Flow

Operating Cash Flow

$9,000

Free Cash Flow

-$16M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$2.2B

Total Liabilities

$1.9B

Stockholders' Equity

$277M

Cash & Equivalents

$169M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$148M	$160M	-7.1%
Gross Profit	$16M	$26M	-37.9%
Operating Income	$70M	$651,000	+10703.2%
Net Income	$13M	-$22M	+157.2%

Revenue Segments

Hotel

$148M50%

Occupancy

$92M31%

Food and Beverage

$35M12%

Hotel, Other

$21M7%

Geographic Segments

CALIFORNIA

$35M24%

FLORIDA

$20M14%

DISTRICT OF COLUMBIA

$14M10%

WASHINGTON

$14M9%

VIRGIN ISLANDS, US

$13M9%

PUERTO RICO

$12M8%

ILLINOIS

$12M8%

COLORADO

$10M7%

PENNSYLVANIA

$9M6%

ARIZONA

$8M5%