INN Q3 2019 Earnings — Summit Hotel Properties, Inc. Revenue & Financial Results | Market Cap Arena

INNSummit Hotel Properties, Inc.

$441M

Q3 2019 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$134M-6.1% YoY

Gross Profit

$52M38.7% margin

Operating Income

$19M14.4% margin

Net Income

$12M8.6% margin

EPS (Diluted)

$0.07

QoQ Revenue Growth

-6.5%

Cash Flow

Operating Cash Flow

$44M

Free Cash Flow

$30M

Stock-Based Comp.

$1M

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$952M

Stockholders' Equity

$1.2B

Cash & Equivalents

$48M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$134M	$142M	-6.1%
Gross Profit	$52M	$56M	-7.9%
Operating Income	$19M	$22M	-13.2%
Net Income	$12M	$38M	-69.6%

Revenue Segments

Occupancy

$123M92%

Food and Beverage

$6M4%

Hotel, Other

$5M4%