Ashford Q1 2024 GAAP EPS $1.99 Up From $1.67 YoY, Sales $209.134M Beat $199.700M Estimate
Portfolio Pulse from Benzinga Newsdesk
Ashford Inc. reported Q1 2024 earnings of $1.99 per share, up 19.16% from $1.67 YoY. Sales reached $209.134M, beating estimates by 4.72% and marking a 12.97% increase from the previous year.
May 08, 2024 | 10:07 pm
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POSITIVE IMPACT
Ashford Inc. reported a significant increase in Q1 2024 earnings and sales, surpassing analyst estimates.
The reported increase in earnings per share (EPS) and sales, both surpassing analyst expectations, indicates strong financial performance and operational efficiency. This positive earnings report is likely to instill investor confidence, potentially leading to a short-term uptick in AINC's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100