INN Q2 2019 Earnings — Summit Hotel Properties, Inc. Revenue & Financial Results | Market Cap Arena

INNSummit Hotel Properties, Inc.

$441M

Q2 2019 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$143M-6.1% YoY

Gross Profit

$60M41.8% margin

Operating Income

$59M41.6% margin

Net Income

$49M34.3% margin

EPS (Diluted)

$0.43

QoQ Revenue Growth

+2.9%

Cash Flow

Operating Cash Flow

$45M

Free Cash Flow

$30M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$926M

Stockholders' Equity

$1.2B

Cash & Equivalents

$49M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$143M	$152M	-6.1%
Gross Profit	$60M	$63M	-5.8%
Operating Income	$59M	$27M	+116.5%
Net Income	$49M	$38M	+30.3%

Revenue Segments

Occupancy

$132M92%

Food and Beverage

$6M4%

Hotel, Other

$5M3%