INN Q3 2018 Earnings — Summit Hotel Properties, Inc. Revenue & Financial Results | Market Cap Arena

INNSummit Hotel Properties, Inc.

$441M

Q3 2018 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$142M+4.2% YoY

Gross Profit

$56M39.4% margin

Operating Income

$22M15.6% margin

Net Income

$38M26.6% margin

EPS (Diluted)

$0.33

QoQ Revenue Growth

-6.5%

Cash Flow

Operating Cash Flow

$45M

Free Cash Flow

$24M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$1.0B

Stockholders' Equity

$1.2B

Cash & Equivalents

$61M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$142M	$137M	+4.2%
Gross Profit	$56M	$86M	-35.0%
Operating Income	$22M	$22M	-0.9%
Net Income	$38M	$22M	+69.3%

Revenue Segments

Occupancy

$131M92%

Food And Beverage

$6M4%

Hotel, Other

$5M4%