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INN Q1 2021 Earnings — Summit Hotel Properties, Inc. Revenue & Financial Results | Market Cap Arena
INN
Summit Hotel Properties, Inc.
$452M
Q1 2021 Earnings
Real Estate
REIT - Hotel & Motel
Income Statement
Revenue
$58M
-46.6% YoY
Gross Profit
$8M
13.3% margin
Operating Income
-$25M
-43.6% margin
Net Income
-$31M
-54.2% margin
EPS (Diluted)
$-0.30
QoQ Revenue Growth
+20.0%
Cash Flow
Operating Cash Flow
-$3M
Free Cash Flow
-$3M
Stock-Based Comp.
$2M
Balance Sheet
Total Assets
$2.2B
Total Liabilities
$1.2B
Stockholders' Equity
$939M
Cash & Equivalents
$27M
Year-over-Year Comparison
Metric
Current
Year Ago
Change
Revenue
$58M
$108M
-46.6%
Gross Profit
$8M
$30M
-74.0%
Operating Income
-$25M
-$5M
-372.1%
Net Income
-$31M
-$15M
-104.7%
Revenue Segments
Occupancy
$53M
92%
Hotel, Other
$4M
6%
Food and Beverage
$1M
2%
← FY 2021
All Quarters
Q2 2021 →