Q3 2019 Earnings

Real Estate REIT - Hotel & Motel

Income Statement

Revenue

$380M+30.0% YoY

Gross Profit

$120M31.6% margin

Operating Income

$57M14.9% margin

Net Income

$21M5.5% margin

EPS (Diluted)

$0.43

QoQ Revenue Growth

-6.9%

Cash Flow

Operating Cash Flow

$93M

Free Cash Flow

$93M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$3.8B

Total Liabilities

$3.2B

Stockholders' Equity

$311M

Cash & Equivalents

$102M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$380M	$292M	+30.0%
Gross Profit	$120M	$83M	+44.4%
Operating Income	$57M	$40M	+40.9%
Net Income	$21M	$23M	-7.5%

Revenue Segments

Food And Beverage

$155M23%

Occupancy

$135M20%

Hotel Food And Beverage Banquets

$105M16%

Hotel Group Rooms

$93M14%

Hotel Food And Beverage Outlets

$50M7%

Hotel Transient Rooms

$42M6%

Hotel Other

$38M6%

Entertainment Admissions And Ticketing

$24M4%

Entertainment Food And Beverage

$18M3%

Entertainment Retail And Other

$10M1%